PolicyDrift
City—°AQI —
Trending India
BreakingWorld NewsIndiaSportsBusinessBanking & EconomicsPoliticsMarketsCrypto

Top movers

Live 24/7 Policy Wire

Real-time policy intelligence, without the noise.

Continuous verified updates spanning geopolitics, regulation, and live markets.

Open Live WireTrending Desk
PolicyDrift

Clear, verified reporting. Every report links directly to primary sources.

8 Desks OperationalLive

Global Coverage Desks

BreakingWorld NewsIndiaSportsBusinessBanking & EconomicsPoliticsMarketsCrypto

Platform

  • Global Wire
  • Trending Desk
  • Newsroom Mission
  • Editorial Contact
  • Sitemap

Standards & Legal

  • Editorial Standards
  • Privacy Standards
  • Terms of Use
  • Cookie Settings

© 2026 PolicyDrift. All rights reserved.

PrivacyTermsCookiesSitemap
POLICYDRIFT
All news
Home/News/Crypto
Crypto
Aug 18, 2026, 12:33 PM·3 views

Strategy Stays Put on Bitcoin but Sells a Massive 3.46 Million Shares

After a couple of sales announced in August, Michael Saylor s NASDAQ-listed entity did not make any Bitcoin moves, but it increased its USD reserve by $150 million. As such, its total stash remains at 840,447 BTC,…

PolicyDrift
PolicyDrift
PolicyDriftStrategy Stays Put on Bitcoin but Sells a Massive 3.46 Million Shares

After a couple of sales announced in August, Michael Saylor s NASDAQ-listed entity did not make any Bitcoin moves, but it increased its USD reserve by $150 million. As such, its total.

After a couple of sales announced in August, Michael Saylor’s NASDAQ-listed entity did not make any Bitcoin moves, but it increased its USD reserve by $150 million.

As such, its total stash remains at 840,447 BTC, currently valued at around $53.3 billion. The firm has accumulated its crypto fortune for roughly $10 billion more than the current value, and its average price is $75,385 per unit.

Strategy added $150M to its USD Reserve and repurchased $132M of $STRC, extending USD Duration to 2.8 yrs (+41 days) and tightening STRC BTC Credit to 114 bps (-4 bps). As of 8/16/26: ₿840,447 BTC Reserve; $4.8B USD Reserve. $MSTR https://t.co/kNWPowilmT

— Michael Saylor (@saylor) August 17, 2026

Aside from the growing USD reserve and extending the dividend payout duration to 2.8 years, the company said it has repurchased over $130 million worth of STRC.

STRC ended last week at around $95, as it continues to recover from its dip to $75. However, it’s still inches away from its par price of $100.

The good news for the cryptocurrency community this week is that the largest corporate holder of BTC didn’t sell any, unlike the previous week when it offloaded 1,690 units.

Meanwhile, Strategy CEO Phong Le indicated last week that the company still plans to resume its Bitcoin purchases soon, and it could start by the end of the year.

The post Strategy Stays Put on Bitcoin but Sells a Massive 3.46 Million Shares appeared first on CryptoPotato.

Cryptopotato Verified Source

Syndicated via official news feed

Read Full Story on Cryptopotato
Explore all Crypto stories→

Syndicated feed content with full publisher credit.

Crypto Desk

More in Crypto

Continue reading verified coverage and related developments on this desk.

View All
PolicyDrift
CRYPTO4D AGO

Polymarket US Tests Parlays as Kalshi Banks $25M in Fees

Polymarket US began processing multi-leg sports contracts on Aug. 5 through an API-only beta that never surfaced in its consumer app. The launch lands as rival Kalshi is reported to be extending maker fees to its own…

PolicyDrift
CRYPTO4D AGO

Bitcoin Back Above $100K? Scaramucci Says the 2028 Halving Holds the Key

SkyBridge Capital founder and managing partner Anthony Scaramucci told CNBC s Squawk Box on Tuesday that Bitcoin (BTC) will climb back over $100,000 as the halving cycle tightens prices, a level the asset has not…

PolicyDrift
CRYPTO4D AGO

A Treasure Hunter Pulled Up the Floorboards of an Old House and Found $46,000 in Cash From the 1950s

Keith Wille, a Groton, Connecticut metal detectorist, was hired by a Western Massachusetts family that felt stuck with a 1950s-built house because of a decades-old legend about hidden cash. After carpenters tore…

PolicyDrift
CRYPTO4D AGO

MAYAChain halts network after estimated $1.7M exploit

A preliminary analysis says six chained bugs let a 23-message transaction drain 48.87 million CACAO, sending the token down nearly 89%. A preliminary analysis says six chained bugs let a 23-message transaction drain…

PolicyDrift
CRYPTO4D AGO

Bitcoin.com Integrates USDU, Bringing the UAE’s First CBUAE-Registered USD Stablecoin to Millions of Wallet Users

ABU DHABI, UAE — 19th, 2026 — Stablecoins have become the way millions of people hold and move dollars on the blockchain, the quality and visibility of the reserves behind stablecoins can vary significantly.. A new…

PolicyDrift
CRYPTO4D AGO

Maya Protocol exploit drains bitcoin and other assets as pool value drops $11 million

A chain of six flaws caused the cross-chain trading network to credit a pool with nearly 50 million tokens that were never properly funded, letting an attacker drain real assets.

More from Crypto

Latest developments and reports from the desk

All stories →
PolicyDrift
CRYPTO4D AGO

Polymarket US Tests Parlays as Kalshi Banks $25M in Fees

Polymarket US began processing multi-leg sports contracts on Aug. 5 through an API-only beta that never surfaced in its consumer app. The launch lands as rival Kalshi is reported to be extending maker fees to its own…

PolicyDrift
CRYPTO4D AGO

Bitcoin Back Above $100K? Scaramucci Says the 2028 Halving Holds the Key

SkyBridge Capital founder and managing partner Anthony Scaramucci told CNBC s Squawk Box on Tuesday that Bitcoin (BTC) will climb back over $100,000 as the halving cycle tightens prices, a level the asset has not…

PolicyDrift
CRYPTO4D AGO

A Treasure Hunter Pulled Up the Floorboards of an Old House and Found $46,000 in Cash From the 1950s

Keith Wille, a Groton, Connecticut metal detectorist, was hired by a Western Massachusetts family that felt stuck with a 1950s-built house because of a decades-old legend about hidden cash. After carpenters tore…

Trending Wire

Most read across all desks

See all
  1. 1
    Banking & Economics• Aug 21, 2026, 9:00 PM

    Bessent dissent

  2. 2
    Banking & Economics• Aug 21, 2026, 10:06 PM

    Trump Widens Beef Imports in Bid to Lower Prices

  3. 3
    Banking & Economics• Aug 21, 2026, 9:37 PM

    Peru GDP Grows a Bit Faster Than Expected in Boost for Fujimori

  4. 4
    India• Aug 19, 2026, 12:16 PM

    Have proof of corruption in erstwhile DMK government, will reveal it when necessary: CM Vijay

  5. 5
    India• Aug 19, 2026, 12:16 PM

    U.S. aircraft and Trump’s Ankara visit | Explained

Breaking desk

Live flash reports elsewhere

  1. BreakingNorris beats Antonelli to claim final Dutch GP win

    Aug 23, 2026, 8:50 PM · 0 views

  2. BreakingGuéhi and Gvardiol late show earns Manchester City dramatic win against Bournemouth

    Aug 23, 2026, 8:44 PM · 0 views

  3. BreakingHull punished United defence in victory but Carrick’s attack is bigger area of concern | Andrew Beasley

    Aug 23, 2026, 8:37 PM · 0 views

  4. BreakingECB investigating Carse 'nightclub incident'

    Aug 23, 2026, 8:37 PM · 6 views

  5. BreakingThe kindness of strangers: I was a young, solo tourist when a taxi driver became aggressive – then two men stepped in

    Aug 23, 2026, 8:30 PM · 6 views

  6. BreakingSpying device detectors may give domestic abuse victims false sense of security, study finds

    Aug 23, 2026, 8:30 PM · 6 views

All breaking news →