MicroStrategy Sold 7x More Bitcoin Than Reports Suggested

  • Strategy confirmed selling 3,588 BTC, far exceeding the earlier 491 BTC rumor.
  • Michael Saylor said proceeds funded dividends on the company's preferred securities.
  • Strategy still holds 843,775 BTC, remaining the world's largest corporate Bitcoin holder.
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MicroStrategy appears to have reduced its Bitcoin holdings by 3,588 BTC over the past week, a figure significantly larger than earlier market speculation centered on a rumored 491 BTC transfer.

The change, reflected on the company’s Bitcoin treasury dashboard, has reignited debate over the firm’s evolving treasury strategy and whether its long-standing buy-and-hold approach is shifting.

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Strategy Sold 3,588 Bitcoin—7x More Than Rumors Suggested

Strategy has confirmed it sold 3,588 Bitcoin over the past week. Executive Chairman Michael Saylor said the company raised approximately $216 million to fund dividends on its Digital Credit securities, marking Strategy’s largest Bitcoin sale since its 2022 tax-loss transaction.

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The disclosure provides long-awaited clarity after speculation intensified when Strategy’s Bitcoin holdings fell on its public treasury dashboard.

MicroStrategy Bitcoin Holdings
MicroStrategy Bitcoin Holdings. Source: Strategy

“As of July 5, 2026, we hodl ₿843,775 in our BTC Reserves and $2.55 billion in our USD Reserves,” Saylor confirmed.

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MicroStrategy’s official treasury data shows two separate reductions during the reporting period:

  • June 30: -1,363 BTC
  • July 6: -2,225 BTC

Combined, the transactions reduced the company’s Bitcoin holdings by 3,588 BTC, leaving Strategy with 843,775 BTC, still the largest corporate Bitcoin treasury in the world.

Rumors Underestimated the Scale

The confirmation follows widespread speculation after on-chain analysts identified a 491 BTC transfer believed to be linked to Strategy.

At the time, there was no official confirmation, and many viewed the movement as a relatively insignificant transaction. Saylor’s statement now reveals the company ultimately sold more than seven times the amount initially rumored.

The sale also represents a notable shift in Strategy’s treasury management. While the company has built its reputation on aggressively accumulating Bitcoin, it recently introduced a monetization framework allowing selective BTC sales to support corporate financing activities.

Why the Sale Matters

Although 3,588 BTC represents less than 0.5% of Strategy’s total holdings, it is the company’s first major operational Bitcoin sale after disposing of just 32 BTC earlier this year for dividend-related obligations.

The transaction demonstrates that Strategy is willing to monetize a small portion of its Bitcoin reserves without abandoning its long-term accumulation strategy.

Even after the sale, the company retains 843,775 BTC alongside $2.55 billion in U.S. dollar reserves, reflecting the scale of its balance sheet.

Bitcoin Price Performance, Source: BeInCrypto
Bitcoin Price Performance, Source: BeInCrypto

The Bitcoin price slipped below $62,000 following the news, and was trading for $61,950 as of this writing.


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