Markets hated Strategy's $2.5 million bitcoin sale in May. This is 86 times bigger.
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Strategy Knee-Caps Bitcoin Rally With $216 Million Sale
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09:07 AM ET 07/06/2026
The bitcoin price hit an air pocket after Strategy (MSTR) revealed that it sold $216 million worth of the cryptocurrency last week to fund preferred stock dividends. MSTR stock reversed lower after the filing as the iShares Bitcoin Trust ETF (IBIT), which tracks the bitcoin price, erased solid early gains. Strategy shares rallied 22.4% last week as the bitcoin whale…
Strategy (MSTR) Sells 3,588 Bitcoin, Raises $216 Million
Michael Saylor's Strategy Sold 3,588 Bitcoin at a Loss: What Is Happening? - Strategy (NASDAQ:MSTR)
Strategy sells bitcoin at a loss to cover preferred stock dividends
Michael Saylor's Strategy dramatically ups pace of bitcoin sales, raising $216 million
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Strategy (MSTR) shares surged 14% at times on Monday after the company unveiled a sweeping capital overhaul, leading a broad…
Strategy sold 32 BTC for $2.5M to fund STRC dividends. MSTR fell 7%, BTC dropped, and crypto X debated the precedent.
Strategy Inc. sold 32 BTC for $2.5 million to cover preferred stock dividends, its first net Bitcoin sale since 2022, triggering…
Strategy (MSTR) sold a record 3,588 bitcoin for $216 million to fund preferred stock dividends.
Strategy's last sale preceded a massive buying spree, but the company and the market look very different today.
Strategy sells 3,588 Bitcoin for $216M to fund preferred dividends, its largest sale ever, locking in $54M in realized losses at…
