The software firm liquidated 32 Bitcoin for $2.5M, marking its first treasury sale in over three years.
MicroStrategy sold 32 Bitcoin (BTC) between May 26 and May 31, generating approximately $2.5M, according to a regulatory filing. The sale represents the company’s first Bitcoin treasury adjustment since late 2021, raising questions about its liquidity strategy.
Prior to this transaction, MicroStrategy had not sold any Bitcoin from its corporate holdings since Q4 2021. The firm has historically accumulated Bitcoin as a treasury asset, holding over 214,000 BTC as of recent disclosures. The $2.5M sale follows a period of relative stability in its Bitcoin strategy.
The filing did not specify the rationale behind the sale or its potential impact on future treasury decisions.