Strategy Sells 3,588 BTC, 7x More Than Rumored

  • Strategy sold 3,588 BTC last week, seven times the rumored 491 BTC transfer.
  • Saylor said the company raised roughly $216 million to fund Digital Credit dividends.
  • Strategy still holds 843,775 BTC plus $2.55 billion in USD reserves.
Strategy Sells 3,588 BTC, 7x More Than Rumored
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Strategy has confirmed it sold 3,588 bitcoin over the past week, a figure roughly seven times larger than the 491 BTC transfer that on-chain analysts had earlier flagged.

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.

Breaking down the sale

The company’s treasury dashboard showed two separate reductions during the reporting period.

On June 30, holdings dropped by 1,363 BTC, followed by a further 2,225 BTC reduction on July 6.

Combined, the transactions trimmed 3,588 BTC, leaving Strategy with 843,775 BTC, still the largest corporate bitcoin treasury in the world.

Saylor confirmed the position:

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

Rumors fell short

The confirmation clears up speculation that began when analysts spotted a 491 BTC transfer believed to be tied to Strategy.

With no official word at the time, many treated the movement as minor. Saylor’s statement revealed the true figure was more than seven times that amount.

Why it matters

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

The move signals Strategy is willing to monetize small portions of its reserves through its recently introduced framework, without abandoning its long-term accumulation strategy.

Bitcoin slipped below $62,000 following the news, trading around $61,950 at the time of writing.

Original Article