In brief
- Strategy sold 3,588 BTC between June 29 and July 5 for $216 million, using the proceeds to fund preferred-stock dividends and refill its cash reserve.
- The sales leave it holding 843,775 BTC alongside a $2.55 billion U.S. dollar reserve.
- The firm booked an $8.32 billion loss on digital assets in the second quarter, almost entirely unrealized.
Strategy, the largest corporate holder of Bitcoin, sold 3,588 BTC over the past week for around $216 million, according to a Monday disclosure. The proceeds funded dividends on its preferred shares and topped up its U.S. dollar reserve, which stood at $2.55 billion as of July 5.
The Michael Saylor-led firm, long known for buying and holding Bitcoin, has trimmed its stack to 843,775 BTC, carried at a cost basis of $63.7 billion, or about $75,476 per coin. With Bitcoin trading near $60,000, well below that, Strategy booked an $8.32 billion loss on its digital assets for the second quarter, almost all of it unrealized.
Strategy has sold 3,588 $BTC for $216 million to fund dividends on our Digital Credit securities. As of 7/5/2026, we hodl ₿843,775 in our BTC Reserves and $2.55 billion in our USD Reserves.https://t.co/BjIBxLmI3Q
— Strategy (@Strategy) July 6, 2026
Strategy said a BTC Monetization Program it unveiled on June 29, which lets it raise up to $1.25 billion by selling Bitcoin, remained fully available as of July 5.
Although the company’s latest liquidation represented 0.42% of its overall stockpile, the sale yielded far more in proceeds than its sale of 32 Bitcoin for $2.5 million, which triggered the company’s worst weekly performance since 2022 and raised questions about whether market participations could look to the firm to buoy Bitcoin’s market.
Shares of Strategy fell 2% in pre-market trading to 98.88, according to Yahoo! Finance. The downturn put Strategy on track to snap a streak of five straight daily gains, exacerbating a 26% tumble in the company’s stock price over the past month.
Those losses stood in contrast with Bitcoin’s 3.7% increase over the same period. On Monday, the digital asset’s price steadied to around $62,900 before U.S. markets opened, after jumping as high as $63,700 over the weekend, according to CoinGecko data.
Strategy’s latest move follows its adoption of a capital management framework last week. The firm signaled that it could sell $1.25 billion worth of Bitcoin to shore up cash for dividend payments under the new plan, while authorizing $2 billion in stock buybacks.
At the same time, Strategy hiked the annual for Stretch (STRC) to 12% and expanded its so-called USD Reserve to $2.55 billion. The company said then that it would have enough resources to cover 26 months of dividend costs if it also tapped its Bitcoin stash.
On Sunday, Executive Chairman and co-founder Michael Saylor referred to Bitcoin as “Digital Energy,” while sharing a chart of the company’s latest purchases. The following morning, he predicted on X that changes in Bitcoin’s codebase won’t be as impactful on the digital asset’s evolution as deepening capital markets and an expansion of digital credit.