Strategy Sells 32 BTC for $2.5M to Fund Preferred Stock Dividends, a Rare Liquidation
By
Jamie Redman
Toasted golden, schmeared with insight. Top of the rack.
Summary
Strategy (formerly MicroStrategy) sold 32 Bitcoin between May 26-31, 2026, generating $2.5 million at an average price of $77,135 per coin. This marks one of the firm's only disclosed Bitcoin sales since it began accumulating in August 2020. While the amount is negligible relative to its massive 843,706 BTC holdings, the sale is notable because proceeds are intended to fund distributions on preferred stock, as disclosed in a June 1 SEC Form 8-K filing. The move signals a strategic shift for a company that has built its entire identity around Bitcoin accumulation.
Key quotes
· 4 pulledStrategy sold 32 bitcoin between May 26 and May 31, 2026, generating $2.5 million at an average price of $77,135 per coin
Thirty-two coins against a stack of 843,706 BTC represents a fraction of a fraction of the company's holdings
proceeds are expected to fund distributions on preferred stock, according to the June 1 Form 8-K filed with the SEC
Strategy has built its entire identity around accumul
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