Strategy raised about $2 billion last week by selling 18.26 million MSTR shares and repurchased about 1.43 million STRC preferred shares for $136.4 million. The company added $300 million to its US dollar reserve and placed the remaining proceeds into a newly launched US dollar cash account holding $1.59 billion. As of Sunday, the reserve stood at $5.1 billion, bringing total cash across the two pools to $6.69 billion. Strategy made no Bitcoin purchases or sales during the week, keeping its holdings at 840,447 BTC.

Strategy raised $333.7 million last week by selling 3.46 million shares of its MSTR common stock but did not buy any Bitcoin, leaving its holdings unchanged at 840,447 BTC. Of the proceeds, $52.4 million went to twice-monthly dividends on STRC preferred stock, while $132.2 million was used to repurchase about 1.39 million STRC shares. The company added another $149.1 million to its US dollar reserve.

Greenlane Holdings said its BERA-focused crypto treasury had a fair value of $16.4 million at the end of the second quarter, versus a $70 million cost basis, leaving it 76.6% below cost. The company recorded a $19.1 million noncash fair-value loss on digital assets, contributing to a quarterly net loss of $24.8 million. Over the same period, its digital asset segment generated $309,000 in staking and yield revenue. Greenlane adopted BERA as its primary treasury reserve asset in October 2025 after completing a $110.7 million private placement.

Morgan Stanley’s Q2 13F filing with the U.S. Securities and Exchange Commission shows the bank increased its holding in BlackRock’s iShares Bitcoin Trust (IBIT) by about 3.04 million shares to roughly 16.5 million shares, up 23% quarter on quarter. The market value of that position fell to $549 million from $667 million as Bitcoin declined during the quarter. The filing also lists 2.57 million shares of Morgan Stanley Bitcoin Trust (MSBT), valued at about $43.3 million.

Strategy’s variable-rate perpetual preferred stock STRC closed at $92.32, marking its first finish above $90 in seven weeks and a nearly 24% rebound from its June 26 low of $74.57. The company deployed $52.4 million to pay dividends and $52.3 million to repurchase STRC, underscoring its ability to follow through on dividend commitments and support secondary-market trading. STRC remains below Strategy’s stated $99–$100 target range.

Strategy disclosed in an SEC 8-K filing that it sold 1,638 bitcoin for $104.7 million. It used $52.4 million of the proceeds to pay dividends on its STRC preferred stock and $52.3 million to repurchase STRC. The company said it now holds 842,138 bitcoin with an aggregate purchase cost of $63.5 billion. Strategy also reported selling $290 million of MicroStrategy (MSTR) shares over the same period, while MSTR fell 0.9% in Monday premarket trading.