The sale marks the firm’s first Bitcoin disposal since 2022 amid investor concerns over dividend obligations and financing models.
Strategy sold 32 BTC, its first Bitcoin disposal since 2022, as scrutiny over its preferred stock financing model intensified. The move follows investor questions about potential pressure to liquidate holdings to meet dividend obligations.
The company last sold Bitcoin in 2022 for tax-loss purposes, offloading 704 BTC and repurchasing 810 BTC shortly after. Bitcoin’s price fell below $72,000 following the disclosure, trading at $71,939. Strategy also sold 801,994 MSTR shares, raising $128.3 million in proceeds.
The sale surprised some investors after executive chairman Michael Saylor hinted at potential new activity over the weekend. Saylor has not commented on the $2.5 million sale, drawing criticism for his silence.