Strategy has not purchased any Bitcoin since June 22, marking its longest pause from accumulation since the company began its aggressive buying strategy years ago. The selling began in late May when Strategy disposed of 32 BTC for $2.5 million to fund preferred stock distributions, its first Bitcoin sale since December 2022. In late June, the company introduced its Digital Credit Capital Framework, a policy that formalizes the conditions under which Bitcoin can be sold and sets the ceiling for those sales at $1.25 billion.