SEC filing: Strategy sold 32 bitcoin between May 26 and May 31 for ~$2.5M, at an average net price of $77,135 per coin, its first disclosed bitcoin disposal
The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.
CoinDesk
Related Coverage
- Saylor's Strategy Follows Through on Pledge to Sell Some Bitcoin Bloomberg · David Pan
- Michael Saylor's Bitcoin Treasury Firm Strategy Sells 32 BTC for $2.5M Decrypt · Stephen Graves
- Michael Saylor's Strategy sells 32 bitcoin for $2.5 million as total holdings drop to 843,706 BTC The Block · James Hunt
- Strategy Sells Bitcoin for First Time Since 2022. The Stock Is Sliding. Barron's Online · Mackenzie Tatananni
- Strategy Sells Bitcoin for First Time, Dumps 32 BTC to Fund Preferred Stock Dividends Bitcoin News · Jamie Redman
- Strategy sells 32 BTC for $3M in routine treasury move Crypto Briefing · Estefano Gomez
- MicroStrategy: Sells 32 BTC After Three-Year Pause Blockchain.News
- Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022 CNBC · Tanaya Macheel
- Breaking: Strategy Sells 32 Bitcoin for First Time Since 2022 Coinpedia Fintech News · Rizwan Ansari
- BREAKING: Michael Saylor's Strategy Sells $2.5 Million in Bitcoin CoinGape · Varinder Singh
- Strategy: Sells 32 BTC at $77135 First Time in 3 Years Blockchain.News
- Michael Saylor Sells 32 Bitcoin: What Is Going On? Benzinga · Parshwa Turakhiya
- Strategy Bitcoin News: Saylor Discloses 32 BTC Sale for Tax Purposes Coinspeaker · Daniel Francis
- Strategy sells 32 BTC in first Bitcoin sale since 2022; Stock falls on open Cointelegraph · Helen Partz
- Strategy Sells 32 Bitcoin for First Time Since 2022 as Bitmine Adds 26,497 Ethereum The Crypto Basic · Lele Jima
- Bitcoin Falls to 2-Month Low After Strategy Sells BTC, ETFs Flip Negative for the Year Yahoo Finance · Logan Hitchcock
- Strategy Sold Bitcoin, But It's Not What You May Think CryptoPotato · George Georgiev
- Strategy Sells 32 Bitcoin for $2.5M to Fund Preferred Dividends, First Sale Since 2022 The Defiant
- Strategy Sells Bitcoin for First Time Since 2022 While Still Holding 843,706 BTC CryptoNinjas · Isabella Flores
- Michael Saylor's Strategy (MSTR) Puts 23 Bitcoin ($2.5M) for Sale Watcher Guru · Jaxon Gaines
- Why Did Strategy Sell Bitcoin? Coinpedia Fintech News · Nidhi Kolhapur
- Strategy: Shares Fall After $2.5M Bitcoin Sale Blockchain.News
- Michael Saylor breaks silence after Strategy's $2.5M Bitcoin sale crypto.news · Irene Mukiri
- Jim Cramer sends harsh message on Saylor's Bitcoin sale TheStreet · Pooja Rajkumari
- Strategy Sold 32 Bitcoin and Bought 24,869 — and the Market Is Reading the Wrong Playbook The Big Whale
- Strategy Sold 32 Bitcoin... And That's a Good Thing. Bitcoin Magazine · Nick Ward
Discussion
-
@defiyst
@defiyst
on x
Took Saylor 6 months from teasing the premise of “selling” BTC to actually start selling. Feels somewhat priced locally, but longer term, holders are forced to reconsider their multi-year theses. “Only” buyer narrative broken. Be intrigued to see this weeks net ETF flows.
-
@negligible_cap
@negligible_cap
on x
*STRATEGY SOLD 32 BITCOIN FOR $2.5M DURING MAY 26 TO MAY 31 That was quicker than expected $BTC / $IBIT on the lows. [image]
-
@thestalwart
Joe Weisenthal
on x
$MSTR has sold some Bitcoin for the first time since 2022. https://www.bloomberg.com/...