Strategy Trims Bitcoin Holdings With $2.5 Million Sale

Strategy sold 32 Bitcoin for $2.5 million at an average price of $77,135 per BTC, trimming its holdings from 843,738 BTC to 843,706 BTC, a Monday 8‑K filing with the US Securities and Exchange Commission showed. It was the company’s first reported Bitcoin sale since a 2022 tax‑loss transaction.

Proceeds from the sale are expected to fund distributions on preferred stock. Strategy’s Nasdaq‑traded Class A shares fell more than 6% after the market opened, trading near $148.70, and Bitcoin slipped below $72,000, trading at $71,939 on CoinGecko. The move followed scrutiny of the company’s preferred‑stock financing, with investors questioning whether dividend obligations could pressure future Bitcoin sales.

Executive chairman Michael Saylor posted a “Working Better” chart on X over the weekend but had not commented on the $2.5 million sale, while CEO Phong Le said the company would "likely sell Bitcoin at some point in time" even as it aims to increase Bitcoin and Bitcoin per share.

United States

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