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Strategy sells $109M Bitcoin to boost liquidity with stock buyback, STRC stock nears $100.

Market News
10 Aug 2026
Crypto Briefing
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Bullish
pluang ai news

Strategy, Michael Saylor's bitcoin-treasury company, sold $109 million worth of Bitcoin and used the proceeds to repurchase its own stock, focusing on liquidity rather than Bitcoin accumulation. This move aligns with its broader capital-management strategy and has increased its USD reserve to $4.6 billion. Market response shows optimism with a 74% probability of STRC stock hitting $100 by year-end, reflecting confidence in the company’s near-term prospects. Investors should watch for further updates on Strategy’s financial plans and Bitcoin price trends, which could impact future decisions and stock performance.

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