via Cointelegraph · By Cointelegraph Staff
Strategy Trims Bitcoin Holdings With $2.5 Million Sale
BTC/USDT
$11,618,035,703.88
$64,823.52 / $63,270.00
Change: $1,553.52 (2.46%)
+0.0020%
Longs pay
[Update 1:57 P.M. UTC, June 1 -- Updates third paragraph with share price decline in Monday morning trading.]
Strategy sold 32 BTC last week, its first reported Bitcoin sale since a 2022 tax-loss transaction, as the company moved to fund preferred stock distributions.
Strategy sold 32 Bitcoin (BTC) for $2.5 million at an average price of $77,135 per BTC, reducing its holdings from 843,738 BTC to…
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