In brief
Strategy sold 3,588 BTC between June 29 and July 5 for $216 million, using the proceeds to fund preferred-stock dividends and refill its cash reserve.
The sales leave it holding 843,775 BTC alongside a $2.55 billion U.S. dollar reserve.
The firm booked an $8.32 billion loss on digital assets in the second quarter, almost entirely unrealized.
Strategy, the largest corporate holder of Bitcoin, sold 3,588 BTC over the past week for around $216 million, according to a Monday disclosure. The proceeds funded dividends on its preferred shares and topped up its U.S. dollar reserve, which stood at $2.55 billion as of July 5.The Michael Saylor-led firm, long known for buying and holding Bitcoin, has trimmed its stack to 843,775 BTC, carried at a cost basis of $63.7 billion, or about $75,476 per coin. With Bitcoin trading near $60,000, well below that, Strategy booked an $8.32 billion loss on its digital assets for the second quarter, almost all of it unrealized.
