Strategy sold 32 BTC for $2.5 million in late May, filing shows

Strategy sold 32 BTC for $2.5 million in late May, filing shows

Source: CoinDesk

Published:12:07 UTC

BTC Price:$72232.8

#BTC #Strategy #MSTR

Analysis

Price Impact

Low

The sale of 32 btc by strategy (mstr) is a very small fraction of their total holdings (843,706 btc) and a minuscule amount relative to the overall bitcoin market. therefore, it's unlikely to have a significant direct price impact.

Trustworthiness

High

Price Direction

Neutral

While the sale itself doesn't indicate a bearish sentiment from strategy (as they still hold a vast majority of their btc and sold above cost basis), it doesn't provide any bullish impetus either. the stated reason is to fund preferred stock distributions, a normal corporate financial activity.

Time Effect

Short

The impact of this specific sale on bitcoin's price is likely to be short-lived, as the market has already absorbed this small amount. any potential reaction would be immediate and unlikely to sustain.

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Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Strategy sold 32 BTC for $2.5 million in late May, filing shows The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock. By Shaurya Malwa Jun 1, 2026, 12:07 p.m. 1 min read Make preferred on What to know : Strategy sold 32 bitcoin between May 26 and May 31 for about $2.5 million at an average net price of $77,135 per coin, according to a new 8-K filing. The sale, the company’s first disclosed bitcoin disposal, will be used to fund distributions on its preferred stock, a footnote in the filing said. Strategy still held 843,706 bitcoin as of May 31 at an average purchase price of $75,699, leaving the sale price above its cost basis but above bitcoin’s roughly $73,400 market price on Monday. Strategy (MSTR) sold 32 bitcoin between May 26 and May 31 at an average net price of $77,135 a coin, totaling $2.5 million, the company disclosed in an 8-K filing on Monday. The disposal is Strategy's first disclosed bitcoin sale and the proceeds are earmarked to fund distributions on its preferred stock, according to a footnote in the filing. The company held 843,706 bitcoin at an average purchase price of $75,699 as of May 31, putting the sale price above its blended cost basis but also above where bitcoin BTC $ 72,178.36 was trading on Monday at roughly $73,400, per CoinDesk data. More For You Strategy holds STRC dividend at 11.5% for fourth straight month By James Van Straten | Edited by Jamie Crawley 1 hour ago The preferred stock remains near its $100 par value as the company balances yield stability, ATM issuance capacity, and its bitcoin acquisition strategy. What to know : STRC's dividend rate remained unchanged at 11.5% after the stock's monthly VWAP reached $99.62, allowing Strategy to keep shares trading close to their $100 target par value. Maintaining STRC near par is critical to Strategy's ability to issue shares through its ATM program, generating capital for bitcoin purchases, debt management,... Read full story Latest Crypto News Cardano Summit 2026 canceled after community votes against Foundation funding proposal 1 hour ago Strategy holds STRC dividend at 11.5% for fourth straight month 1 hour ago Bitcoin, ether start June in the red while futures show taste for risk. XLM, HYPE gain 2 hours ago Bitcoin and software stocks are breaking up — and history says a major crypto move is coming 2 hours ago U.S. Congress returns as GENIUS comments periods close, jobs report: Crypto Week Ahead 3 hours ago Citi predicts the tokenized securities market will grow to $5.5 trillion by 2030 5 hours ago Top Stories Bitcoin extends slide as spot ETF outflows hit a record while Wall Street rips on AI 6 hours ago Whitehat developer unlocks $2 million stuck in a 2016 Ethereum ICO contract for nine years 5 hours ago Three Sui mainnet halts in 48 hours traced to an upgrade bug by developers 6 hours ago A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor 16 hours ago Aave overhauls listing standards after $230 million rsETH exploit exposed bridge risks 7 hours ago How Stellar became part of DTCC's tokenization push for Wall Street securities onchain 19 hours ago In this article BTC BTC $ 72,178.36 ◢ 2.24 %