Saylor’s Strategy Sells 3,588 BTC for $216 million, Holdings Drop Below 844,000 BTC

Strategy reduced its Bitcoin treasury through two separate transactions completed between June 29 and July 5, 2026, according to the company’s latest filing. The sales mark another instance of the company actively managing its Bitcoin reserves after previously signaling that limited disposals could be used to support treasury and capital management objectives.

Strategy Sells 3,588 BTC Across Two Reporting Periods

During the first transaction period, spanning June 29–30, Strategy sold 1,363 BTC for an aggregate value of $80.8 million, realizing an average sale price of $59,256 per Bitcoin. Following the sale, the company reported holdings of 846,000 BTC as of June 30.

At that point, Strategy’s cumulative Bitcoin investment totaled $63.94 billion, with an average purchase price of $75,578 per BTC.

The company continued selling Bitcoin during the following reporting period. Between July 1 and July 5, Strategy disposed of an additional 2,225 BTC, generating approximately $135.2 million in proceeds at an average sale price of $60,773 per Bitcoin.

Bitcoin Treasury Declines to 843,775 BTC

As of July 5, 2026, Strategy’s Bitcoin treasury stood at 843,775 BTC, while the aggregate purchase cost declined to $63.69 billion. The company’s average acquisition price also eased slightly to $75,476 per BTC, reflecting the impact of the latest transactions.

Combined, the two sales amounted to 3,588 BTC, generating roughly $216 million in proceeds over the one-week period. Strategy purchased 520 BTC during the week ended June 21, 2026, continuing its long-running Bitcoin accumulation strategy. However, the company did not acquire any additional Bitcoin during the week ended June 28, 2026, marking a temporary pause in purchases. The latest filing shows Strategy subsequently shifted to net sales, disposing of Bitcoin between June 29 and July 5 to fund dividends on its Digital Credit securities.

On July 5, Strategy Executive Chairman Michael Saylor published an article on X titled “Bitcoin Evolves by Not Changing“, arguing that Bitcoin’s greatest strength lies in the stability of its base protocol rather than frequent software upgrades.

Saylor said future growth will be driven by expanding capital markets, institutional adoption, and financial applications built on Bitcoin, while the protocol itself remains secure and resistant to change. He also reiterated that capital flows from ETFs, corporate treasuries, and digital credit markets are becoming more influential than Bitcoin’s traditional four-year halving cycle.

Strategy remains the world’s largest corporate holder of Bitcoin despite the reduction in holdings. The company has increasingly adopted a more flexible treasury approach after indicating earlier this year that selective Bitcoin sales could be used to meet financial obligations or support broader capital allocation needs when appropriate.

While the recent disposals modestly reduced its overall Bitcoin exposure, Strategy continues to maintain one of the largest institutional Bitcoin treasuries globally. The updated figures indicate that the company’s long-term commitment to Bitcoin remains intact, even as it actively manages its balance sheet through periodic sales and capital market activities.

MSTR

Strategy Inc. Class A shares rallied sharply, closing at $100.77, up 7.90% or $7.38 from the previous close of $93.39. The strong intraday performance came as investors reacted to the company’s latest Bitcoin treasury update, highlighting continued active management of its digital asset holdings. In pre-market trading, the stock eased slightly to $99.95, down 0.81%, suggesting a modest pullback after the previous session’s gains while remaining well above the prior closing level.

At the time of writing (12:17 p.m. UTC), Bitcoin was trading at $61,891, according to CoinMarketCap. The cryptocurrency was down 1.1% over the past 24 hours but remained up 2.13% over the previous seven days, indicating that its broader weekly trend remained positive despite short-term selling pressure.