# StrategySells3588BTC

30.78K

Strategy sold 3,588 BTC between June 29 and July 5, raising approximately $216 million to fund preferred stock dividends. This marks the company's largest Bitcoin sale to date — roughly 112 times the size of its 32 BTC "test" sale in late May. As of July 5, Strategy still holds 843,775 BTC with $2.55 billion in cash reserves. But the company reported an $8.32 billion digital asset impairment loss in Q2, and its mNAV briefly dropped below 1.0 — meaning the market now values the company below its Bitcoin holdings. The "never sell" narrative is being rewritten by reality.

#StrategySells3588BTC
₿ 𝗦𝗧𝗥𝗔𝗧𝗘𝗚𝗬 𝗦𝗘𝗟𝗟𝗦 𝟯,𝟱𝟴𝟴 𝗕𝗧𝗖 • $𝟮𝟭𝟲 𝗠𝗜𝗟𝗟𝗜𝗢𝗡 𝗥𝗔𝗜𝗦𝗘𝗗 • 𝗧𝗛𝗘 "𝗡𝗘𝗩𝗘𝗥 𝗦𝗘𝗟𝗟" 𝗡𝗔𝗥𝗥𝗔𝗧𝗜𝗩𝗘 𝗙𝗔𝗖𝗘𝗦 𝗜𝗧𝗦 𝗕𝗜𝗚𝗚𝗘𝗦𝗧 𝗧𝗘𝗦𝗧
𝗘𝗩𝗘𝗡 𝗧𝗛𝗘 𝗕𝗜𝗚𝗚𝗘𝗦𝗧 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 𝗕𝗨𝗟𝗟𝗦 𝗦𝗢𝗠𝗘𝗧𝗜𝗠𝗘𝗦 𝗛𝗔𝗩𝗘 𝗧𝗢 𝗠𝗔𝗞𝗘 𝗗𝗜𝗙𝗙𝗜𝗖𝗨𝗟𝗧 𝗙𝗜𝗡𝗔𝗡𝗖𝗜𝗔𝗟 𝗗𝗘𝗖𝗜𝗦𝗜𝗢𝗡𝗦.
For years, Strategy built its reputation around accumulating Bitcoin and rarely selling. That strategy helped define the company's identity and attracted investors who believed in its long-term conviction.
Now, the market has witnessed the co
BTC1.38%
post-image
post-image
  • Reward
  • 8
  • Repost
  • Share
Yusfirah:
2026 GOGOGO 👊
View More
#StrategySells3588BTC
Bitcoin Market Outlook (9 July 2026): What Could Happen Over the Next Week?
As of 9 July 2026, Bitcoin is trading around the $62,000–63,000 region after experiencing increased volatility following Strategy's sale of 3,588 BTC. Although the sale initially created uncertainty across the market, it represented less than 0.5% of the company's total Bitcoin holdings. As a result, the market has gradually shifted its focus back to broader macroeconomic conditions, institutional demand, ETF flows, and technical price levels rather than viewing the transaction as a sign of weake
BTC1.38%
post-image
  • Reward
  • 6
  • Repost
  • Share
QueenOfTheDay:
To The Moon 🌕
View More
#StrategySells3588BTC
Strategy has entered a new phase in its Bitcoin treasury strategy, and the implications extend far beyond the sale of 3,588 BTC. While the transaction represented only a small fraction of the company's massive holdings, it marked the first practical demonstration of a financial framework that could reshape how institutional Bitcoin treasury companies manage liquidity.
Between June 29 and July 5, Strategy sold 3,588 BTC for approximately $216 million through two separate transactions. The first sale involved 1,363 BTC at an average price of $59,256, followed by another 2,
BTC1.38%
STRC-0.64%
post-image
  • Reward
  • 4
  • Repost
  • Share
Yusfirah:
To The Moon 🌕
View More
#StrategySells3588BTC
Strategy Sells 3,588 BTC: A Surprise Move That Reveals How Corporate Bitcoin Management Is Evolving
For years, Strategy built its reputation on one simple idea: accumulate Bitcoin and hold it for the long term. Every purchase reinforced that philosophy, making the company the benchmark for corporate Bitcoin adoption. That is why the decision to sell 3,588 BTC immediately captured the attention of global investors. At first glance, the move appeared unexpected—but the bigger story lies in why the company chose to sell.
According to the company's announcement, the Bitcoin
BTC1.38%
post-image
post-image
  • Reward
  • 30
  • Repost
  • Share
Ahmad_khan1:
2026 GOGOGO 👊
View More
#StrategySells3588BTC
Strategy, for the first time in its corporate history, conducted a truly significant bitcoin sale, a development that is both symbolically and strategically important for the market.
Between June 29 and July 5, the company sold a total of 3,588 bitcoins in two separate transactions, generating approximately $216 million in return. In the first transaction, 1,363 BTC were sold between June 29-30 at an average price of $59,256, while in the second transaction, 2,225 BTC were sold between July 1-5 at an average price of $60,773. This sale reduced the company's total bitcoin
BTC1.38%
MSTR0.57%
STRC-0.64%
post-image
post-image
  • Reward
  • 17
  • Repost
  • Share
GateUser-e9315291:
On-chain data just dropped: XRP whale addresses (holding 1M+) have accumulated over 120M tokens in the past 72 hours. This usually precedes a major price breakout. The smart money is moving in silently. Next stop? $0.70 if BTC cooperates."
View More
#StrategySells3588BTC
Strategy has made one of the most significant decisions in its corporate history by selling 3,588 BTC between June 29 and July 5, raising approximately $216 million. This marks the company's first notable Bitcoin sale after years of publicly promoting a long-term "buy and hold" strategy.
The sales were completed in two phases:
🔹 1,363 BTC sold between June 29–30 at an average price of $59,256
🔹 2,225 BTC sold between July 1–5 at an average price of $60,773
Following the transactions, Strategy's Bitcoin holdings declined to 843,775 BTC, while its cash reserves increased
BTC1.38%
STRC-0.64%
MSTR0.57%
post-image
  • Reward
  • 10
  • Repost
  • Share
Yusfirah:
To The Moon 🌕
View More
#StrategySells3588BTC
🚨 Institutional Treasury Strategy in Focus ₿The crypto market is closely watching Strategy's latest Bitcoin transaction, sparking fresh discussions about how institutional investors manage digital asset reserves while maintaining long-term conviction.📊 Key Highlights💰 Strategy sold 3,588 BTC, demonstrating a structured approach to treasury and capital management.🏦 Even after the transaction, the company remains one of the world's largest corporate Bitcoin holders, reinforcing its long-term commitment to BTC.📈 The move highlights how Bitcoin is increasingly being us
BTC1.38%
post-image
  • Reward
  • 5
  • Repost
  • Share
AylaShinex:
LFG 🔥
View More
#StrategySells3588BTC
The sale of 3,588 BTC, while the largest Bitcoin sale to date under the Strategy, represents only about 0.4% of its total holdings of approximately 843,775 BTC. However, it doesn't necessarily indicate that the company has abandoned its Bitcoin strategy.
* The purpose of the sale is stated to be to finance preferred stock dividends. This can be interpreted as a step towards managing the company's capital and equity.
* A drop in mNAV below 1 means the company is pricing its Bitcoin holdings at a lower value than they actually are. This indicates that the market is more ca
BTC1.38%
post-image
post-image
  • Reward
  • 12
  • Repost
  • Share
ShainingMoon:
To The Moon 🌕
View More
#StrategySells3588BTC
Strategy Sells 3,588 BTC: Smart Treasury Management or a Warning Signal for Bitcoin?
Strategy, formerly known as MicroStrategy, has once again become the center of attention after executing the largest Bitcoin sale in its corporate history. The company sold 3,588 BTC, valued at approximately $216 million, sparking intense debate across the crypto industry. While the headline initially appears bearish, the deeper story reveals a far more strategic financial decision than a loss of confidence in Bitcoin.
For years, Strategy has positioned itself as the world's leading corp
BTC1.36%
post-image
  • Reward
  • 4
  • Repost
  • Share
Yusfirah:
To The Moon 🌕
View More
#StrategySells3588BTC
Strategy, formerly known as MicroStrategy, stands as the largest corporate Bitcoin holder in the world. The company has transformed itself from an enterprise software firm into what Michael Saylor calls a "Bitcoin Treasury Company." As of late June 2026, Strategy held approximately 847,363 BTC acquired for roughly $64.1 billion at an average cost basis of $75,651 per Bitcoin. This makes Strategy the most significant institutional player in the Bitcoin ecosystem, with holdings that represent nearly 4% of all Bitcoin ever mined.
What Does "Sells" Mean in This Context
The t
post-image
post-image
post-image
  • Reward
  • 43
  • Repost
  • Share
Yusfirah:
2026 GOGOGO 👊
View More
Load More

Join 40 M users in our growing community

⚡️ Join 40 M users in the crypto craze discussion
💬 Engage with your favorite top creators
👍 See what interests you
  • Pinned