Michael Saylor’s Strategy has sold 6,948 $BTC in 2026, raising $431.8 million as part of its $BTC monetization program.

Saylor first announced in May that Strategy would soon start selling its $BTC. Then in late June, the company revealed it would sell its accrued $BTC as part of a monetization program to raise $1.25 billion for its USD reserve.

The money would be spent on preferred stock dividends, digital credit securities or Class A common stock.

Strategy’s K-8 filings reveal that its first sale of 32 $BTC took place in late May. This sale made the firm $2.5 million while $BTC was worth $77,135 at the time.

The company then sold:

  • 1,363 $BTC between June 29 and June 30
  • 2,225 $BTC between July 1 and July 5
  • 1,638 $BTC between July 27 and August 2
  • 1,690 $BTC between August 3 and August 9

This most recent sale is reflected in Strategy’s latest filing.

Strategy has bought bitcoin 20 times this year, and sold it five times.

These sales netted the firm $80.8 million, $135.2 million, $104.73 million, and $108.6 million, respectively. The price of $BTC has fallen 13% since the selling began.

Before June 21, Strategy was mostly buying $BTC, building up 163,554 $BTC in 2026. These purchases cost the firm over $12.7 billion.

Strategy’s first $BTC purchase was in August 2020, when it spent $250 million buying 21,454 $BTC.

As of August 9, the company now holds 840,447 $BTC, currently worth $53.82 billion.

It paid $63.36 billion for all this $BTC, which means that it is down -$9.5 billion on its $BTC investments.

Even with its $4.65 billion USD reserve included with its $BTC horde, that’s still $4.9 billion less than it bought all the $BTC for.

Strategy’s $BTC sale sends Polymarket into disarray
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Saylor’s pivot to offloading $BTC was controversial among followers who believed him when he said he wouldn’t be selling.

Strategy had only ever sold $BTC once back in 2022, before buying significantly more $BTC two days later.

In February 2025, when $BTC was above $84,000, Saylor famously said, “Sell a kidney if you must, but keep the $BTC.”

The price of the asset has since fallen 24% to $64,042, while his advice was ultimately abandoned by his firm.