{"id":500572,"date":"2026-08-18T13:34:00","date_gmt":"2026-08-18T13:34:00","guid":{"rendered":"https:\/\/themarketperiodical.com\/?p=500572"},"modified":"2026-08-17T22:00:10","modified_gmt":"2026-08-17T22:00:10","slug":"michael-saylor-renforce-les-reserves-en-dollars-americains-de-strategy-de-150-millions-de-dollars-en-vendant-des-actions-mstr","status":"publish","type":"post","link":"https:\/\/dev.themarketperiodical.com\/fr\/2026\/08\/18\/michael-saylor-renforce-les-reserves-en-dollars-americains-de-strategy-de-150-millions-de-dollars-en-vendant-des-actions-mstr\/","title":{"rendered":"Michael Saylor renforce les r\u00e9serves en dollars am\u00e9ricains de Strategy de 150 millions de dollars en vendant des actions MSTR"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Aper\u00e7u des principaux \u00e9l\u00e9ments :<\/h3>\n\n<ul class=\"wp-block-list\">\n<li>La soci\u00e9t\u00e9 Strategy de Michael Saylor a vendu 3,46 millions d&#8217;actions MSTR, tout en augmentant ses r\u00e9serves en dollars am\u00e9ricains de 150 millions de dollars.<\/li>\n\n\n\n<li>Dans le cadre de cette strat\u00e9gie, 132,2 millions de dollars ont \u00e9t\u00e9 consacr\u00e9s au rachat d&#8217;actions STRC et 52,4 millions de dollars au financement des dividendes de STRC.<\/li>\n\n\n\n<li>Les investisseurs institutionnels ont continu\u00e9 \u00e0 renforcer leur position sur MSTR, Morgan Stanley ayant acquis 44 440 actions.<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">Pour la \u00e9ni\u00e8me semaine cons\u00e9cutive, Michael Saylor a maintenu sa position consistant \u00e0 ne pas effectuer de nouveaux achats de bitcoins pour sa soci\u00e9t\u00e9 de gestion de bitcoins, Strategy. En revanche, la soci\u00e9t\u00e9 a vendu pour 334 millions de dollars d&#8217;actions MSTR et a consacr\u00e9 pr\u00e8s de la moiti\u00e9 du produit de cette vente, soit 150 millions de dollars, \u00e0 la constitution de ses r\u00e9serves en dollars am\u00e9ricains. Par ailleurs, la soci\u00e9t\u00e9 utilise syst\u00e9matiquement le reste du produit de cette vente pour racheter des actions STRC.  <\/p>\n\n<h2 class=\"wp-block-heading\">Strategy l\u00e8ve 333,7 millions de dollars gr\u00e2ce \u00e0 la vente d&#8217;actions MSTR<\/h2>\n\n<p class=\"wp-block-paragraph\">La soci\u00e9t\u00e9 Strategy de Michael Saylor, anciennement connue sous le nom de MicroStrategy, a vendu 3,46 millions d&#8217;actions MSTR dans le cadre de son programme \u00ab at-the-market \u00bb (ATM) la semaine derni\u00e8re, g\u00e9n\u00e9rant ainsi un produit net de 333,7 millions de dollars.<\/p>\n\n<p class=\"wp-block-paragraph\">La soci\u00e9t\u00e9 n&#8217;a effectu\u00e9 ni achat ni vente de bitcoins entre le 10 et le 16 ao\u00fbt, ce qui laisse son portefeuille inchang\u00e9 \u00e0 840 447 BTC. Ces bitcoins ont \u00e9t\u00e9 acquis pour un montant de 63,36 milliards de dollars, \u00e0 un prix d&#8217;achat moyen de 75 385 dollars par BTC, selon le <a href=\"https:\/\/www.strategy.com\/press\/strategy-increases-usd-reserve-by-150-million-and-repurchases-132-million-of-strc_08-17-2026\" target=\"_blank\" rel=\"noopener\">communiqu\u00e9 de presse<\/a> officiel. <\/p>\n\n<p class=\"wp-block-paragraph\">Strategy a utilis\u00e9 le produit de cette op\u00e9ration pour racheter 132,2 millions de dollars d&#8217;actions STRC, verser 52,4 millions de dollars de dividendes STRC et alimenter sa r\u00e9serve en dollars am\u00e9ricains \u00e0 hauteur de 149,1 millions de dollars. Au 16 ao\u00fbt, la r\u00e9serve en dollars am\u00e9ricains de la soci\u00e9t\u00e9 s&#8217;\u00e9levait \u00e0 4,8 milliards de dollars. <\/p>\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1449\" height=\"574\" src=\"https:\/\/themarketperiodical.com\/app\/uploads\/2026\/08\/6ab10ffd98356141d715d78852f32c5332a7975834b53e23d054771b7474e7e9.jpg\" alt=\"Vente d'actions MSTR | Source : Strategy\" class=\"wp-image-500556\" srcset=\"https:\/\/dev.themarketperiodical.com\/app\/uploads\/2026\/08\/6ab10ffd98356141d715d78852f32c5332a7975834b53e23d054771b7474e7e9.jpg 1449w, https:\/\/dev.themarketperiodical.com\/app\/uploads\/2026\/08\/6ab10ffd98356141d715d78852f32c5332a7975834b53e23d054771b7474e7e9-300x119.jpg 300w, https:\/\/dev.themarketperiodical.com\/app\/uploads\/2026\/08\/6ab10ffd98356141d715d78852f32c5332a7975834b53e23d054771b7474e7e9-1024x406.jpg 1024w, https:\/\/dev.themarketperiodical.com\/app\/uploads\/2026\/08\/6ab10ffd98356141d715d78852f32c5332a7975834b53e23d054771b7474e7e9-768x304.jpg 768w, https:\/\/dev.themarketperiodical.com\/app\/uploads\/2026\/08\/6ab10ffd98356141d715d78852f32c5332a7975834b53e23d054771b7474e7e9-150x59.jpg 150w, https:\/\/dev.themarketperiodical.com\/app\/uploads\/2026\/08\/6ab10ffd98356141d715d78852f32c5332a7975834b53e23d054771b7474e7e9-696x276.jpg 696w, https:\/\/dev.themarketperiodical.com\/app\/uploads\/2026\/08\/6ab10ffd98356141d715d78852f32c5332a7975834b53e23d054771b7474e7e9-1068x423.jpg 1068w\" sizes=\"auto, (max-width: 1449px) 100vw, 1449px\" \/><figcaption class=\"wp-element-caption\">Vente d&#8217;actions MSTR | Source : Strategy<\/figcaption><\/figure>\n\n<h2 class=\"wp-block-heading\">L&#8217;action MSTR risque une dilution afin de renforcer la participation de STRC<\/h2>\n\n<p class=\"wp-block-paragraph\">Au cours des derni\u00e8res semaines, la soci\u00e9t\u00e9 de Michael Saylor a proc\u00e9d\u00e9 \u00e0 la vente de ses actions MSTR et \u00e0 l&#8217;achat d&#8217;actions privil\u00e9gi\u00e9es STRC afin de r\u00e9tablir son ancrage \u00e0 100 dollars. Cette mesure est importante pour respecter l&#8217;engagement de la soci\u00e9t\u00e9 \u00e0 offrir un rendement en dividendes sup\u00e9rieur \u00e0 10 %. <\/p>\n\n<p class=\"wp-block-paragraph\">Suite aux derniers rachats d&#8217;actions de STRC, d&#8217;un montant de 132 millions de dollars, la marge de cr\u00e9dit BTC de STRC s&#8217;est resserr\u00e9e de 4 points de base pour s&#8217;\u00e9tablir \u00e0 114 points de base. \u00c0 ce sujet, Michael Saylor <a href=\"https:\/\/x.com\/saylor\/status\/2088887563272474948\">a \u00e9crit<\/a>: <\/p>\n\n<p class=\"wp-block-paragraph\">\u00ab Au cours de l\u2019ann\u00e9e \u00e9coul\u00e9e, le BTC a chut\u00e9 de 47 %. Nos instruments de cr\u00e9dit num\u00e9rique ont affich\u00e9 des performances comprises entre -27 % et +9 %, le STRC ayant progress\u00e9 de 9 %. L\u2019ing\u00e9nierie financi\u00e8re permet de transformer un capital num\u00e9rique volatil en instruments con\u00e7us pour g\u00e9n\u00e9rer des revenus, assurer la stabilit\u00e9 et r\u00e9duire le risque de perte. \u00bb<\/p>\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1199\" height=\"675\" src=\"https:\/\/themarketperiodical.com\/app\/uploads\/2026\/08\/1673d5c06778d4a79496d33019e35406a937b2a1a0d595f9dcaa4fcac0612eef.jpg\" alt=\"Le STRC revient dans un an | Source : Strategy\" class=\"wp-image-500555\" srcset=\"https:\/\/dev.themarketperiodical.com\/app\/uploads\/2026\/08\/1673d5c06778d4a79496d33019e35406a937b2a1a0d595f9dcaa4fcac0612eef.jpg 1199w, https:\/\/dev.themarketperiodical.com\/app\/uploads\/2026\/08\/1673d5c06778d4a79496d33019e35406a937b2a1a0d595f9dcaa4fcac0612eef-300x169.jpg 300w, https:\/\/dev.themarketperiodical.com\/app\/uploads\/2026\/08\/1673d5c06778d4a79496d33019e35406a937b2a1a0d595f9dcaa4fcac0612eef-1024x576.jpg 1024w, https:\/\/dev.themarketperiodical.com\/app\/uploads\/2026\/08\/1673d5c06778d4a79496d33019e35406a937b2a1a0d595f9dcaa4fcac0612eef-768x432.jpg 768w, https:\/\/dev.themarketperiodical.com\/app\/uploads\/2026\/08\/1673d5c06778d4a79496d33019e35406a937b2a1a0d595f9dcaa4fcac0612eef-150x84.jpg 150w, https:\/\/dev.themarketperiodical.com\/app\/uploads\/2026\/08\/1673d5c06778d4a79496d33019e35406a937b2a1a0d595f9dcaa4fcac0612eef-696x392.jpg 696w, https:\/\/dev.themarketperiodical.com\/app\/uploads\/2026\/08\/1673d5c06778d4a79496d33019e35406a937b2a1a0d595f9dcaa4fcac0612eef-1068x601.jpg 1068w\" sizes=\"auto, (max-width: 1199px) 100vw, 1199px\" \/><figcaption class=\"wp-element-caption\">Le STRC revient dans un an | Source : Strategy<\/figcaption><\/figure>\n\n<p class=\"wp-block-paragraph\">Apr\u00e8s avoir atteint un plus bas \u00e0 74 dollars en juin, l&#8217;action STRC a retrouv\u00e9 de la vigueur gr\u00e2ce \u00e0 l&#8217;intervention opportune de Michael Saylor et de Strategy Management. Bien que cela ait impliqu\u00e9 la vente d&#8217;actions MSTR, le programme de rachat d&#8217;actions STRC a permis au cours de se rapprocher de son objectif de 100 dollars. Cela a apais\u00e9 les inqui\u00e9tudes des investisseurs concernant le rendement du dividende.  <\/p>\n\n<h2 class=\"wp-block-heading\">Les institutions ach\u00e8tent-elles des actions MSTR ?<\/h2>\n\n<p class=\"wp-block-paragraph\">Au cours de la semaine derni\u00e8re, de grandes institutions auraient renforc\u00e9 leurs positions sur MSTR. <a href=\"https:\/\/x.com\/BTCtreasuries\/status\/2088385181623185870\">Selon<\/a> Bitcoin Treasuries, Morgan Stanley a augment\u00e9 sa participation dans Strategy (MSTR) de 44 440 actions, pour une valeur d&#8217;environ 4,2 millions de dollars. La soci\u00e9t\u00e9 d\u00e9tient d\u00e9sormais 9,33 millions d&#8217;actions MSTR, d&#8217;une valeur d&#8217;environ 883,5 millions de dollars, renfor\u00e7ant ainsi son exposition au Bitcoin par l&#8217;interm\u00e9diaire de cette soci\u00e9t\u00e9.  <\/p>\n\n<p class=\"wp-block-paragraph\">Par ailleurs, Renaissance Technologies <a href=\"https:\/\/x.com\/BTCtreasuries\/status\/2089274848803443191\">a acquis<\/a> 422 881 actions MSTR suppl\u00e9mentaires, pour une valeur d&#8217;environ 40,1 millions de dollars. Son portefeuille total s&#8217;\u00e9l\u00e8ve d\u00e9sormais \u00e0 2,55 millions d&#8217;actions, d&#8217;une valeur d&#8217;environ 242,3 millions de dollars, ce qui repr\u00e9sente une augmentation de 20 % de sa position. <\/p>\n\n<p class=\"wp-block-paragraph\">Certains articles ont \u00e9galement laiss\u00e9 entendre que la Banque Nationale du Canada avait doubl\u00e9 sa participation dans la soci\u00e9t\u00e9 Strategy, sp\u00e9cialis\u00e9e dans la gestion de bitcoins. Selon certaines sources, la banque <a href=\"https:\/\/x.com\/TedPillows\/status\/2087280341220221084\">aurait<\/a> acquis 1,2 million d&#8217;actions MSTR, pour une valeur de 116 millions de dollars. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aper\u00e7u des principaux \u00e9l\u00e9ments : Pour la \u00e9ni\u00e8me semaine cons\u00e9cutive, Michael Saylor a maintenu sa position consistant \u00e0 ne pas effectuer de nouveaux achats de bitcoins pour sa soci\u00e9t\u00e9 de gestion de bitcoins, Strategy. En revanche, la soci\u00e9t\u00e9 a vendu pour 334 millions de dollars d&#8217;actions MSTR et a consacr\u00e9 pr\u00e8s de la moiti\u00e9 du \u2026<\/p>\n","protected":false},"author":35,"featured_media":500565,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tmp_editor_id":0,"tmp_editor_role":"Edited by","footnotes":""},"categories":[3162,3549,3548,3235,4111,77],"tags":[4837,3694,5143,6253,4883,4125],"class_list":["post-500572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analyse","category-analyse-des-actions","category-bourse","category-marche-des-crypto-monnaies","category-marches","category-nouvelles","tag-actions-mstr","tag-btc-crypto-fr","tag-marches-des-crypto-monnaies","tag-michael-saylor","tag-mstr-fr","tag-strategie-bitcoin"],"_links":{"self":[{"href":"https:\/\/dev.themarketperiodical.com\/fr\/wp-json\/wp\/v2\/posts\/500572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.themarketperiodical.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.themarketperiodical.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.themarketperiodical.com\/fr\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.themarketperiodical.com\/fr\/wp-json\/wp\/v2\/comments?post=500572"}],"version-history":[{"count":1,"href":"https:\/\/dev.themarketperiodical.com\/fr\/wp-json\/wp\/v2\/posts\/500572\/revisions"}],"predecessor-version":[{"id":500573,"href":"https:\/\/dev.themarketperiodical.com\/fr\/wp-json\/wp\/v2\/posts\/500572\/revisions\/500573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.themarketperiodical.com\/fr\/wp-json\/wp\/v2\/media\/500565"}],"wp:attachment":[{"href":"https:\/\/dev.themarketperiodical.com\/fr\/wp-json\/wp\/v2\/media?parent=500572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.themarketperiodical.com\/fr\/wp-json\/wp\/v2\/categories?post=500572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.themarketperiodical.com\/fr\/wp-json\/wp\/v2\/tags?post=500572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}