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Strategy (MSTR) Bitcoin Selling Spree Offloads Another 1,690 BTC; 2026 Sales Hit 6,916 BTC
['Kelvin Munene', 'Kelvin Munene Is A Senior Crypto Journalist', 'Editor With Over Seven Years Of Experience Covering Digital Assets', 'Blockchain Technology', 'Markets. He Has Worked With Top Crypto Publishers In Roles Including Senior Journalist', 'Sub-Editor', 'Editor', 'Shaping Timely News Coverage', 'Editorial Strategy Across The Crypto', 'Stocks Sector.']
Coinpaper
The latest sale brings Strategy’s reported Bitcoin sales in recent weeks to 6,916 BTC, according to figures provided in company disclosures and market reports.
Following the latest Bitcoin sale, , while the STRC jumped to $95.26, up 0.18%.
MSTR Capital Supports STRC RepurchasesStrategy’s latest Bitcoin sale is tied directly to its preferred-stock strategy.
Executive Chairman Michael Saylor remains closely associated with Strategy’s Bitcoin strategy, while CEO Phong Le has previously described discounted preferred-stock repurchases as “an attractive use of capital.”
According to him, Strategy’s Bitcoin yield has fallen to 1.7%, which is an 87% decline from May 25.