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.
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.
Strategy has sold 3,588 $BTC for $216 million to fund dividends on our Digital Credit securities. As of 7/5/2026, we hodl ₿843,775 in our BTC Reserves and $2.55 billion in our USD Reserves.https://t.co/BjIBxLmI3Q
“As of July 5, 2026, we hodl ₿843,775 in our BTC Reserves and $2.55 billion in our USD Reserves,” Saylor confirmed.
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.
light is claiming that Strategy has begun to sell BTC
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.
