Strategy Offloads $216M in Bitcoin as Treasury Reserves Top $2.5B

The firm sold 3,588 BTC over the past week to cover dividend obligations and bolster cash holdings. Strategy sold 3,588 BTC for approximately $216 million in two tranches, averaging $60,773 per coin. The sales reduced its Bitcoin holdings to 843,775 BTC, down from a June 2

The firm sold 3,588 BTC over the past week to cover dividend obligations and bolster cash holdings.

Strategy sold 3,588 BTC for approximately $216 million in two tranches, averaging $60,773 per coin. The sales reduced its Bitcoin holdings to 843,775 BTC, down from a June 22 peak of 847,363 BTC.

The move follows a June 29 framework authorizing up to $1.25 billion in Bitcoin sales. Proceeds were used to cover dividends on Digital Credit securities and refill fiat reserves, now exceeding $2.55 billion.

Bitcoin traded near $63.7k, remaining mostly flat after reversing earlier gains. Bernstein maintained its $150k BTC price target for 2026 despite the sales.

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