Summary
- Between June 29 and July 5, Strategy sold 3,588 BTC for $216 million, which was used for preferred-stock dividends and to enhance its cash reserves.
- This sale reduced its Bitcoin holdings to 843,775 BTC, along with a reserve of $2.55 billion in U.S. dollars.
- In the second quarter, the company reported an $8.32 billion loss on its digital assets, nearly all of which was unrealized.
Strategy, recognized as the largest corporate Bitcoin holder, recently sold 3,588 BTC, generating approximately $216 million, as indicated in a Monday announcement. The funds were allocated to pay dividends on its preferred shares and to bolster its cash reserves, which totaled $2.55 billion as of July 5.
Under the leadership of Michael Saylor, the company, which has a reputation for accumulating Bitcoin, now holds 843,775 BTC at a cost basis of $63.7 billion, averaging around $75,476 per Bitcoin. With Bitcoin trading near $60,000, significantly lower than its acquisition price, Strategy recorded an $8.32 billion loss in digital assets for Q2, primarily unrealized.
Strategy has sold 3,588 $BTC for $216 million to fund dividends on our Digital Credit securities. As of 7/5/2026, we hold ₿843,775 in our BTC reserves and $2.55 billion in our USD reserves.https://t.co/BjIBxLmI3Q
— Strategy (@Strategy) July 6, 2026
Strategy noted that its newly introduced BTC Monetization Program, launched on June 29, which allows the firm to raise up to $1.25 billion through Bitcoin sales, remained fully operational as of July 5.
While this recent sale accounted for only 0.42% of its total Bitcoin reserves, the revenue generated was significantly higher than its previous sale of 32 BTC for $2.5 million, which led to the company's poorest weekly performance since 2022 and raised concerns about whether the market would expect the firm to support Bitcoin’s price.
In pre-market trading, Strategy's shares dipped by 2% to 98.88, according to Yahoo! Finance. This decline interrupted a five-day streak of gains and compounded a 26% drop in the company's stock value over the past month.
In contrast, Bitcoin saw a 3.7% rise during the same timeframe. On Monday, the cryptocurrency's price stabilized around $62,900 before U.S. markets opened, having peaked at $63,700 over the weekend, based on data from CoinGecko.
Following the adoption of a new capital management framework last week, Strategy indicated its potential to liquidate $1.25 billion worth of Bitcoin to secure cash for dividend payouts, while also approving $2 billion in stock buybacks.
Additionally, Strategy increased the annual rate for Stretch (STRC) to 12% and expanded its USD Reserve to $2.55 billion. The company stated it would have sufficient resources to cover 26 months of dividend obligations, even if it utilized its Bitcoin holdings.
On Sunday, Michael Saylor, the Executive Chairman and co-founder, referred to Bitcoin as "Digital Energy," sharing a chart detailing the company’s recent acquisitions. The next day, he predicted on X that modifications to Bitcoin’s codebase would not significantly affect the asset's evolution, unlike the growth of capital markets and the expansion of digital credit.