Saylor’s Strategy Dumps $100 Million In Bitcoin As Crypto’s Struggles Persist

Aug 03, 2026 09:10 PM - 2 hours ago 1

Topline

Cryptocurrency billionaire Michael Saylor’s Strategy raised $104.7 cardinal by trading 1,638 bitcoin past week, according to disclosures successful a Securities and Exchange Commission filing connected Monday, boosting the firm’s rate reserves arsenic the value for its superior cryptocurrency plus remains low.

The bitcoin treasury patient still holds complete 800,000 bitcoin, which it purchased astatine an mean value higher than what the cryptocurrency is presently worth.

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Key Facts

Strategy sold the bitcoin astatine an mean value of $63,957, according to the SEC filing connected Monday—days aft the institution said it was discussing plans to waste astir $5 cardinal worthy of the cryptocurrency to build rate reserves and money banal repurchases.

The institution besides disclosed $290.6 cardinal successful proceeds from trading astir 3 cardinal shares of its communal stock.

The bitcoin treasury institution still holds 842,138 bitcoin, which it says it purchased astatine an mean value of $75,419—while the integer plus is priced conscionable nether $63,000 arsenic of Monday morning.

Strategy now says it holds $4 cardinal successful reserves, up from $3.2 cardinal past month, Saylor previously announced.

The company’s banal was up very somewhat connected Monday morning, trading astatine $93.94 per share—although the company’s stock value remains down complete 40% successful 2026 truthful acold arsenic the value for its superior plus declines.

Forbes Valuation

We estimate Michael Saylor’s net worth astatine $3.2 billion, a luck chiefly derived from MicoStrategy, the package institution he founded successful the 1990s. Saylor mislaid his position arsenic a billionaire aft the dot-com bubble burst, but rebuilt his wealthiness done investments successful bitcoin complete the past decade. He besides reoriented his institution into becoming a bitcoin treasury, officially renaming it “Strategy” and launching a rebrand that features the integer rate successful 2025.

CONTRA

Strategy successful June disclosed a $101.3 cardinal bitcoin purchase, astatine an mean value of $65,332.

Big Number

$126,080. That’s the all-time precocious value for bitcoin, which the integer plus reached past October. The cryptocurrency’s value has plummeted successful the months since.