Strategy, the company formerly known as MicroStrategy, sold Bitcoin for the first time in over three years. CEO Phong Le framed the move not as a retreat from the company’s legendary accumulation thesis, but as a controlled experiment to make sure the plumbing still works.
The sale involved just 32 BTC, offloaded between May 26 and May 31 for approximately $2.5 million at an average price of $77,135 per coin. That’s roughly 0.004% of the company’s total stash.
A deliberate test, not a policy reversal
Le described the transaction as a process validation exercise. The company wanted to confirm that its internal systems for executing Bitcoin sales operated correctly end to end. His verdict was concise.
“Everything works.”
