#StrategySellsBTCAgain

#StrategySellsBTCAgain $MSTR $BTC 🚨 Strategy continues to sell Bitcoin! Strategy has just sold 1,690 BTC, generating approximately $108.6 million and bringing the total amount of BTC sold over the past four weeks to around 6,916 BTC. Notably, the proceeds are being used to boost USD reserves and repurchase preferred stock, rather than to acquire more BTC. 📌 While this does not signal that Strategy is "abandoning Bitcoin," it indicates a shift in capital management strategy.

THE COMPANY THAT SWORE IT WOULD NEVER SELL BITCOIN IS NOW SELLING BITCOIN TO PAY THE DIVIDEND ON THE STOCK IT ISSUED TO BUY BITCOIN Strategy has sold bitcoin two weeks in a row. 1,638 coins for $105 million. Then 1,690 more. Not to take profit at the market bottom. To fund preferred dividends and buy back its own preferred stock. It sold below cost. Michael Saylor spent five years telling the world to never sell bitcoin. His defense this month: "I have never sold mine. Strategy is not my wallet." Read that again. The money machine that suddenly stopped working. Strategy issues stock and preferred shares, buys bitcoin, and the bitcoin makes the stock worth more, which lets it issue more stock and buy more bitcoin. That works under exactly one condition. The paper has to be worth more than the coins behind it. It isn't anymore. Strategy holds 840,447 $BTC. At today's price that pile is worth roughly $53 billion. The common stock is worth about $35 billion. The gap is where the preferred stock and the convertible debt sit. The leverage has eaten the equity. $MSTR is down 41%. The bitcoin position carries $10.9 billion in paper losses. Q2 GAAP EPS came in at negative $24.45 against a 63 cent estimate. And the financing is no longer cheap. $STRC still pays 12%. It still trades below its $100 par. Prediction markets doubt it ever gets back. Saylor designed that instrument with help from ChatGPT. He has since said that if defending it took another $4 billion, he would spend $4 billion. He has authorized selling up to $5 billion of bitcoin. So the company sells bitcoin to retire preferred, and sells common stock to raise the cash. $653 million of stock in a single week. It is diluting shareholders to pay creditors, using a falling asset as the funding source. Meanwhile it is hoarding dollars. The USD reserve went from $3.75 billion to $4.65 billion in three weeks. The CEO's own words on the biggest lesson of 2026: "the importance of holding liquid US dollars." The bitcoin standard company's lesson of the year is that you should hold dollars. And they are still talking like it is 2021. Saylor says bitcoin will compound 30% a year for twenty years. He says Strategy aims to become the most valuable company on earth. Every analyst covering the stock still rates it a Buy. They just keep cutting the target. Barclays $130 to $125. Cantor $212 to $186. B. Riley $215 to $155. None of this is new. It is one of the oldest structures in finance, and it has ended the same way every time. 1929. Goldman Sachs Trading Corporation. A leveraged trust that traded far above the value of what it held, issued stock to buy more, then bought its own shares to hold the price up. The premium turned into a discount. The stock went from above $300 to under $2. 1980. The Hunt brothers, Silver Thursday. They cornered silver with borrowed money. When silver fell, they had to sell silver to meet the margin calls on silver. Celsius also promised retail a fixed double-digit yield on a volatile asset. $STRC pays 12%. The premium to the underlying gets treated as proof of genius rather than a temporary market condition. Financing is raised against the asset while the asset is expensive. Then the asset falls. The financing does not. And the vehicle begins selling the very thing it was built to accumulate. Strategy is not going bankrupt this quarter. It has $4.65 billion in cash and no immediate maturity wall. But it has already lost the only thing that made it interesting. It is no longer a machine that turns paper into bitcoin. Today it is a machine that turns bitcoin into paper.

😳 CEO Strategy: The company plans to resume active Bitcoin purchases within this year. For the past seven weeks, the company has not purchased any BTC, and for two weeks in a row, it even sold a portion of its holdings. However, this is a temporary pause and is not related to the price of Bitcoin. Currently, Strategy is focused on increasing its dollar reserves, which have already grown to $4.75 billion. So far this year, the company has purchased 175,000 BTC and sold only 7,000 BTC.

Strategy Sells BTC Again: What Signal Is the Whale Sending? Strategy has sold Bitcoin again — and the market should look beyond the 1,690 BTC figure. During August 3–9, Strategy sold 1,690 $BTC worth approximately $108.6 million, at an average price of $64,262 per BTC. The proceeds were used to repurchase approximately 1.15 million STRC preferred shares. One week earlier, Strategy sold another 1,638 $BTC, generating approximately $104.7 million. In two weeks, the company sold more than 3,300 BTC, worth over $213 million. Yet Strategy still holds approximately 840,447 $BTC, with a total cost basis of around $63.36 billion, or roughly $75,385 per BTC. Its U.S. dollar reserve has increased to approximately $4.65 billion. This looks more like a liquidity strategy than abandoning Bitcoin. Strategy is converting BTC into liquidity to strengthen its balance sheet and repurchase STRC, while also raising approximately $653.1 million through MSTR share sales. But one signal cannot be ignored: Strategy has gone several weeks without buying Bitcoin while continuing to sell BTC. If this continues, the market will ask: Is institutional demand taking a temporary pause, or are corporate Bitcoin strategies entering a new phase? Selling 1,690 BTC remains small compared with its 840,447 BTC holdings. It does not prove Strategy has turned bearish. The real signal is frequency. Markets trade not only on supply, but on the belief that large buyers will absorb it. When a major corporate Bitcoin holder shifts from “buy BTC” to “optimize liquidity,” sentiment adjusts. Strategy has not turned its back on Bitcoin. But during volatility, liquidity can matter as much as conviction. If $BTC remains under pressure while institutional demand fails to return, the risk could extend beyond a single sale. But if Strategy stops selling and resumes accumulation, it could signal renewed institutional confidence in Bitcoin. Watch what Strategy does next — not just what it did today. This is personal analysis, not financial advice. #StrategySellsBTCAgain #BTCETHETFFlowsDiverge $BTC

#StrategySellsBTCAgain # Strategy Sells BTC Again: A Shift Worth Watching The **#StrategySellsBTCAgain** narrative focuses attention on Strategy's Bitcoin treasury strategy and the market's reaction to any reported reduction in its Bitcoin holdings. Strategy has built one of the most prominent corporate **$BTC** positions, making changes to its treasury particularly relevant to crypto investors. A Bitcoin sale can attract attention because Strategy has historically been associated with accumulating Bitcoin rather than reducing exposure. If selling is confirmed, investors may question whether the move reflects liquidity management, capital allocation, financing requirements, or a broader change in strategy. However, a single transaction should not automatically be interpreted as a bearish signal for Bitcoin. Bitcoin's market is substantially larger than any one corporate holder, and short-term price movements depend on ETF flows, institutional demand, derivatives positioning, macroeconomic conditions, and overall liquidity. The more important issue is the **reason and scale** of any sale. A small disposal for corporate purposes would have a different implication from a sustained reduction in the company's Bitcoin treasury. For traders following **#StrategySellsBTCAgain**, the key indicators are Strategy's official disclosures, changes in its Bitcoin holdings, financing activity, average acquisition cost, and broader institutional flows. Ultimately, the story matters because Strategy has become closely associated with the corporate Bitcoin-treasury model. Any meaningful change in that strategy could influence how investors evaluate both Strategy and the wider trend of companies holding Bitcoin on their balance sheets. **$MSTR $BTC $IBIT $ETH** **#StrategySellsBTCAgain #Strategy #Bitcoin #BTC #Crypto**

🚨 STRATEGY IS SELLING $BTC AGAIN — AND THAT CHANGES THE LIQUIDITY STORY Strategy just disclosed another 1,690 BTC sale for approximately $108.6M, marking its second consecutive weekly disposal. Its Bitcoin holdings now stand at 840,447 BTC, while the company’s USD reserve has climbed to roughly $4.65B. The important part isn’t simply the 1,690 BTC. It’s why the coins were sold. The proceeds were used to fund an STRC preferred-share repurchase, while Strategy simultaneously raised approximately $653.1M through MSTR share sales to strengthen its dollar liquidity. That creates a very different signal from the classic “Strategy only buys Bitcoin” narrative. 🧠 THE BIGGER SHIFT Strategy hasn’t abandoned its Bitcoin strategy. Instead, it is demonstrating something the market may need to price in: Corporate Bitcoin treasuries can become sellers when balance-sheet priorities demand liquidity. That doesn’t automatically mean a structural bearish shift. But repeated sales remove part of the marginal corporate bid while adding supply to the market. And the timing matters. $BTC remains below the $65K area, while oil prices and tomorrow’s U.S. CPI keep the macro backdrop highly sensitive. 📉 WHAT TO WATCH NOW If Strategy continues selling: ➡️ Corporate demand becomes less supportive ➡️ Available BTC supply increases ➡️ ETF flows become even more important ➡️ Price becomes increasingly dependent on broader liquidity But there’s another side. Strategy still holds one of the largest corporate Bitcoin treasuries in the world, and its $4.65B USD reserve provides substantial liquidity. So this isn’t necessarily a “Bitcoin is over” signal. It’s a reminder that even the most aggressive corporate BTC holders operate under capital-allocation constraints. 👀 THE REAL QUESTION How many more BTC can Strategy sell before the market stops viewing these disposals as temporary treasury management — and starts treating them as a persistent source of supply? That answer could matter more than the next headline. $BTC $MSTR $STRC $BEAT $SNDK $ETH #AIInfraEarningsWatch

Strategy sold 1,690 $BTC worth $108.6 million. Average price: $64,262. #AIInfraEarningsWatch #CPIToResetFedBets #AIInfraFundingDiverges

MARA just revealed a major shift in its Bitcoin strategy. The miner sold 23,093 $BTC for roughly $1.6B in H1 2026 at an average price of $70,631. The cash was used for operations, expansion and liquidity while MARA still holds 35,577 $BTC . Bitcoin is no longer just a treasury asset for miners. It’s becoming growth capital. Do you see this as smart capital management or a bearish signal for $BTC ?

📡 Rising Market Pulse 🧭 Clarity Act Gets Guaranteed September Vote → Strategy (MSTR) USD Reserve Hits $4.65B → BTC Holds $63.6k Support • Policy: Senate Leader Thune files cloture motion on the Clarity Act, locking in a procedural vote post-September recess. Sen. Alsobrooks commits to bipartisan ethics talks 🏛️ • Strategy (MSTR): Expands USD cash buffer to $4.65 Billion (2.7 years dividend coverage). Sells 1,690 BTC to buy back $108M of STRC preferred equity, paving the way to restart ATM BTC buys 🧱 • Geopolitics: Hormuz talks stall as Tehran demands war reparations and Trump demands 50-year damage compensation. Crude oil rebounds back over $80/bbl 🛢️ • Fed: Cleveland Fed Pres. Hammack goes hawkish, warning one rate hike "probably doesn't do a whole lot" despite July's -23k job loss. All eyes on this week's Core CPI 📊 • BTC: Pops above $65,000 on cloture news before pullbacks settle spot near key $63,600 technical support 📉 💵 Derivs Play: Buying December 80%/120% Strangles on BTC & SOL.→ Market is heavily underpricing autumn volatility catalysts ahead of the September Senate floor vote. What happened: • Legislative ambiguity has been replaced by a guaranteed September floor vote on crypto regulation. • Saylor constructed an unbreachable $4.65B cash shield while engineering STRC preferred stock back toward $100 par value. • Geopolitical energy headlines briefly knocked BTC off its $65k high back to $63.6k support. Now key: This Week's U.S. Core CPI. A cool inflation print will squash hawkish Fed rate hike threats and lock in an extended central bank pause. Bigger picture: • Short term: Sideways consolidation with spot tethered to broader macro drivers until the September Senate return. • Long term: Historically depressed options volatility makes buying December strangles on BTC and SOL the trade of the summer. The Clarity Act has a confirmed vote date, Saylor has $4.65B in cash, and options volatility is dirt cheap. Holding core spot, buying December 80%/120% strangles on BTC/SOL, and waiting for CPI. The floor is set. -------- Rising manages a crypto-focused quantitative fund and offers SMA strategies for HNIs, family offices, and institutions. If you're looking for structured, actively managed exposure in volatile markets, feel free to reach out: Not Financial Advice!!! #digitalassets #quant #hedgefund #BTC #DXY

🚨 STRATEGY IS SELLING BTC — BUT THE REAL STORY MAY BE ELSEWHERE. Strategy has once again reduced its Bitcoin position, selling 1,690 $BTC between August 3–9 for roughly $108.6M, with an average price near $64,262. And this wasn’t an isolated move. The company sold another 1,638 BTC the previous week, bringing two-week sales above 3,300 BTC worth more than $213M. At first glance, that sounds bearish. But zoom out. 👀 Strategy still holds around 840,447 $BTC, while its dollar reserve has climbed to approximately $4.65B. The BTC sales appear connected to liquidity management and the repurchase of roughly 1.15M STRC preferred shares, rather than an outright decision to abandon Bitcoin. There’s also another important piece: Strategy raised about $653.1M through MSTR share sales. So the bigger question isn’t: “Is Strategy bearish on Bitcoin?” It’s: 👉 Why has the company stopped accumulating BTC while continuing to sell some of its holdings? The amount sold is tiny compared with its overall Bitcoin treasury, so one transaction doesn’t change the long-term picture. What matters now is the pattern. If BTC selling continues and institutional buying stays quiet, the market may start questioning whether corporate Bitcoin accumulation is entering a different phase. But if Strategy stops selling and returns to buying, that could become a strong signal that institutional confidence is coming back. 📌 Don’t focus only on today’s 1,690 BTC. Watch what Strategy does next. That’s where the real signal could be. Personal market analysis. Not financial advice. #AIInfraEarningsWatch #CPIToResetFedBets #AIInfraFundingDiverges