Strategy ($MSTR) disclosed that it sold 3,588 Bitcoin for approximately $216 million between June 29 and July 5 to fund dividend payments on its preferred securities. The company ended the period holding 843,775 BTC and $2.55 billion in U.S. dollar reserves. Strategy reported no share sales under its at-the-market program and no share repurchases during the period.
- Strategy sold 3,588 BTC for approximately $216 million between June 29 and July 5.
- Bitcoin holdings totaled 843,775 BTC as of July 5, alongside $2.55 billion in U.S. dollar reserves.
- The company said proceeds were used to fund dividends on its Digital Credit preferred securities, including STRF, STRE, STRK, STRD, and STRC.
- Strategy reported no at-the-market share sales and no share repurchases during the reporting period.
- Second-quarter results included an $8.32 billion unrealized loss on digital assets, with a June 30 carrying value of $49.67 billion.
Relevant Companies
- Strategy ($MSTR) – Reported Bitcoin sales, updated treasury holdings, and second-quarter digital asset figures.
- Coinbase ($COIN) – Higher institutional Bitcoin treasury activity may influence custody and trading volumes.
- iShares Bitcoin Trust ($IBIT) – One of the largest U.S. spot Bitcoin ETFs, with investor demand closely tied to institutional Bitcoin market activity.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
