Strategy Sells 1,638 BTC at $64K, Trims Holdings to 842K Bitcoin
MSTR sits 19% above its 52-week low of $81.81.
Summary
Strategy sold 1,638 Bitcoin at roughly $63,957 each, raising about $104.7 million and reducing its total holdings to 842,138 BTC. This follows a series of capital raises and Bitcoin acquisitions, but the sale marks a shift toward liquidity generation after a bruising Q2 that included an $8.2 billion net loss from unrealized Bitcoin declines. The company also confirmed its STRC preferred dividend will remain at 12% until the shares trade near $100, signaling no near-term increase. The sale is modest relative to the overall position but reinforces the narrative that Strategy is actively managing its Bitcoin treasury rather than simply accumulating.
At the time of this announcement, MSTR was trading at $97.51 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $37.5B. The 52-week trading range was $81.81 to $414.36. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Wiseek News.