Michael Saylor weeks ago teased that it was coming, but the news for the moment is shocking already depressed crypto markets even further.
Strategy (MSTR) in a Monday morning filing disclosed the sale of 32 bitcoin for $2.5 million. The amount is a rounding error compared to the 840,000-plus BTC held by the company, but it’s nevertheless significant, suggesting even larger sales down the road as Strategy looks to fund dividend payments on its high-yielding preferred stock STRC.
Bitcoin has slipped just below $72,000 on the news, down nearly 3% over the past 24 hours. MSTR shares are lower by 5.15% premarket.
Importantly, it’s not the first time Saylor and team have sold some of their stack. The company near the bottom of the 2022 bear market sold 704 bitcoin at about $18,000 each.
Bitcoin bulls can only hope the current sales again might be marking a significant bottoming in prices.
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Stephen Alpher
https://www.coindesk.com/markets/2026/06/01/live-markets-bitcoin-retreats-under-usd72-000-as-strategy-unloads-btc-for-first-time-in-four-years
2026-06-01 12:29:00
