Strategy Sells 3,588 Bitcoin, Raises $216M as BTC Treasury Strategy Evolves

Strategy, formerly known as MicroStrategy, has confirmed it sold 3,588 Bitcoin over the past week, a much larger transaction than earlier speculation surrounding a rumored 491 BTC transfer. The sale has renewed discussion about the company's Bitcoin treasury strategy, even as it remains the world's largest corporate holder of the cryptocurrency.

Executive Chairman Michael Saylor said the company generated approximately $216 million from the Bitcoin sale to fund dividend payments tied to its Digital Credit securities. The transaction marks Strategy's biggest Bitcoin disposal since its 2022 tax-loss sale.

According to Strategy's treasury dashboard, the company reduced its Bitcoin holdings through two separate transactions. On June 30, it sold 1,363 BTC, followed by another sale of 2,225 BTC on July 6. Combined, these transactions lowered its total holdings by 3,588 BTC, leaving the company with 843,775 BTC.

Saylor confirmed that, as of July 5, 2026, Strategy held 843,775 BTC alongside approximately $2.55 billion in U.S. dollar reserves. Despite the reduction, the company continues to maintain the largest corporate Bitcoin treasury globally.

The confirmation comes after blockchain analysts identified a 491 BTC transfer believed to be linked to Strategy, sparking speculation about a potential sale. The official disclosure revealed that the actual amount sold was more than seven times larger than initial estimates.

While the sale represents a shift from Strategy's long-standing Bitcoin accumulation strategy, the company recently introduced a treasury framework that allows selective Bitcoin sales to support corporate financing needs. The latest transaction suggests Strategy is willing to monetize a small portion of its holdings without abandoning its broader long-term Bitcoin investment strategy.

Although the 3,588 BTC sale accounts for less than 0.5% of the company's total Bitcoin reserves, it highlights a more flexible approach to treasury management. Following the announcement, Bitcoin briefly fell below $62,000 and was trading around $61,950, reflecting a modest market reaction to the news.