Strategy Sells $216 Million Worth Of Bitcoin

Strategy Sells $216 Million Worth Of Bitcoin CryptoProwl Mon, July 6, 2026 at 3:45 PM GMT+2 1 min read MSTR BTC-USD DX-Y. NYB STRC STRD Strategy (NASDAQ: $MSTR) has dramatically increased its Bitcoin (CRYPTO: $BTC) sales, offloading $216 million U. S.

worth of the largest cryptocurrency over the past week. Strategy, led by Chairman Michael Saylor, sold 3,588 Bitcoin for net proceeds of $216 million U. S.

, reducing its holdings to 843,775 BTC, according to a U. S. regulatory filing.

The company said proceeds from the Bitcoin sales will be used to fund dividend payments on its preferred stock (NASDAQ: $STRC) and replenish its U. S. dollar reserves.

More From Cryptoprowl: Ripple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge Blockchain Projects Decline 75% As Developers Shift To A. I. Stanley Druckenmiller Says Stablecoins Could Reshape Global Finance New York Stock Exchange Invests $600 Million In Polymarket As of July 5, Strategy had $2.

55 billion U. S. of cash on hand.

The latest Bitcoin sales were executed at an average price of $60,000 U. S. per BTC and are dramatically higher than the 32 Bitcoin sold by the company at the end of May.

Strategy now owns 843,775 BTC acquired for $63. 69 billion U. S.

, or an average purchase price of $75,476 U. S. per Bitcoin.

The Bitcoin holdings of Strategy are under water with BTC's price currently at $61,800 U. S. Strategy, which has long been a serial Bitcoin acquirer, recently changed its governance structure to allow it to sell more Bitcoin to fund its operations and dividend payments.

The preferred stock of Strategy pays a bi-monthly (twice per month) dividend that yields 12%. Analysts have questioned the distributions sustainability. MSTR stock has declined 75% in the last 12 months to trade at $100.

77 U. S. per share.