TL;DR:
Strategy sold 3,588 bitcoin for approximately $216 million during the past week, reducing its total holdings to 843,775 BTC. This was disclosed in a report filed with the SEC. The company explained that the proceeds will be used to fund distributions on its preferred shares and replenish the portion of its dollar reserve used for those payments. As of July 5, that reserve stands at approximately $2.55 billion.
The most recent sales were executed at an average price of approximately $60,000 per bitcoin, a level notably below the company’s historical average purchase price. Strategy currently holds 843,775 BTC acquired for around $63.69 billion, equivalent to an average cost of $75,476 per unit.
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/Cssgz29Psj
— Michael Saylor (@saylor) July 6, 2026
The volume of the sales reflects a considerable shift in pace compared to previous operations. Approximately one month ago, the company had sold just 32 bitcoin, a figure that had already triggered turbulence in the market and pushed cryptocurrency prices lower. The new transaction exceeds that figure by more than a hundredfold, signaling an increasingly active treasury management approach to meet its financial obligations toward preferred shareholders.
Strategy also reported that during the week it did not issue shares under its at-the-market equity program nor repurchased securities under its active buyback programs. It also confirmed that the full $1.25 billion capacity under its recently announced BTC Monetization Program remains available and unused.
The market reaction was immediate. Strategy’s shares fell 2% in pre-market trading, while bitcoin gave back a large portion of its weekend gains and dropped to $61,900 from the $62,900 recorded before the announcement.
