Strategy has sold 3,588 Bitcoin worth approximately $225.6 million, its first significant Bitcoin disposal since the company built its identity around never selling the asset.
The sales occurred in two tranches. Strategy reduced its Bitcoin holdings by 1,363 coins on June 30 and by a further 2,225 coins on July 6, according to data from the company’s official disclosures filed with the SEC. The company now holds 843,775 Bitcoin, alongside $2.55 billion in USD reserves.
The proceeds funded quarterly dividends on four of Strategy’s preferred stock instruments, STRF, STRE, STRK and STRD, as well as the full monthly June dividend on its variable-rate preferred stock STRC.
Strategy’s previous Bitcoin disposal, a 32-coin transaction in late May worth approximately $2.5 million, was widely characterised as a routine treasury management exercise. Monday’s disclosure reveals that sale was followed within days by a far larger reduction, bringing the combined total to 3,588 coins and approximately $225.6 million in proceeds.
Michael Saylor, Strategy’s co-founder and executive chairman, addressed the earlier 32-coin sale at BTC Prague in June, drawing a distinction between the company’s actions and his personal advice to individual investors. “I said to you never sell your Bitcoin,” Saylor told the audience, separating the corporate treasury decision from the mantra he has repeated publicly for years.
On Monday, Saylor posted on X that Bitcoin “will evolve by changing less at the protocol layer and mattering more everywhere else,” adding that digital credit will expand and that the world will build on Bitcoin.
Strategy remains by a considerable margin the largest corporate holder of Bitcoin in the world. Its 843,775 coins represent approximately 4.2% of Bitcoin’s total circulating supply, purchased at a total cost basis of approximately $75,699 per coin.
Elsewhere in markets, Ethereum gained 10.11% over seven days to trade at $1,747 after Vitalik Buterin proposed a major architectural overhaul called the Extremely Lean Chain, designed to reduce hardware requirements and improve scalability through zero-knowledge proofs and daily validator re-anonymization.
Bitcoin traded at $61,981 on Monday, down 1.13% on the day.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Bitcoin remains in a bear market but may be entering its final stretch, according to…
XRP has already dipped as low as $1.01 during the ongoing bear market pullback, reviving…
Morpho's price has maintained significant strength since the start of 2026, which has kept the…
After experiencing a significant sell-off, the bulls are trying hard to initiate a strong rebound…
The memecoin sector is beginning to show signs of renewed strength after spending months in…
The upcoming CLARITY Act is widely expected to reshape the U.S. crypto market by providing…
