Strategy kept its bitcoin holdings unchanged at 840,447 BTC through Aug. 16, while lifting its U.S. dollar reserve to $4.8 billion, the company disclosed in a Form 8-K filed with the SEC this month. The reserve build was funded by common-stock sales, repurchases of STRC preferred shares and preferred-stock dividends.
Bitcoin position stays put
The 840,447 BTC figure matches the last disclosure. Strategy didn't add to or trim its bitcoin stack this month, even as it raised cash on the equity side. For investors tracking the company's treasury strategy, the steady holding is a signal that management isn't selling into strength or buying the dip right now.
Where the cash came from
The $4.8 billion reserve came from a mix of moves. Common-stock sales did the heavy lifting, with additional funds from repurchases of STRC preferred shares and payments on preferred-stock dividends. That structure lets Strategy stockpile dollars without touching its bitcoin.
The SEC filing
Strategy filed the Form 8-K in August, giving a snapshot of its balance sheet as of Aug. 16. The filing doesn't include guidance on future bitcoin purchases or reserve deployment. It's a straightforward disclosure, but the numbers confirm the company is sitting on a bigger cash pile than before while holding its bitcoin position flat.
