Strategy Transfers 411 Bitcoin to Coinbase

Published by

Nidhi Kolhapur

May 29, 2026

Strategy has moved 411.48 BTC, valued at approximately $30.3 million, to Coinbase Prime, according to blockchain tracking platform Lookonchain. The transfer has fueled market speculation about a potential Bitcoin sale, with odds on Polymarket indicating an 84% probability that Strategy will sell BTC before Dec. 31, 2026. While the transaction does not confirm an intent to sell, large transfers to exchange-linked custody platforms are closely monitored by traders. Market participants are now watching for further wallet activity or official comments from Strategy regarding the purpose of the transfer.

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