Markets hated Strategy's $2.5 million bitcoin sale in May. This is 86 times bigger.

The company sold 3,588 bitcoin last week to replenish its dollar reserves for dividends on its preferred stock.

Strategy (MSTR) sold a record 3,588 bitcoin for $216 million to fund preferred stock dividends.

Strategy's total holdings account for more than 4% of the 21 million bitcoin supply cap — worth around $52.3 billion.

Markets hated Strategy's $2.5 million bitcoin sale in May. This is 86 times bigger.

Strategy sells 3,588 Bitcoin for $216M to fund preferred dividends, its largest sale ever, locking in $54M in realized losses at $60K.

Strategy sold 32 Bitcoin for $2.5M to fund preferred stock dividends, posting $8.32B in unrealized losses and sending MSTR shares down over 8%.

Bitcoin dips but recovers after Strategy dumps 3,888 BTC. Bitcoin's realized profit and loss ratio falls to a 43-month low of -0.35, a figure that signals a market bottom says…