Strategy Sells 3,588 Bitcoin for $216 Million While Reporting $8.32 Billion Quarterly Digital-Asset Loss

Strategy sold 3,588 Bitcoin between June 29 and July 5 for approximately $216 million. The sales consisted of 1,363 Bitcoin at an average price of $59,256 per coin from June 29 to 30 and 2,225 Bitcoin at an average of $60,773 per coin from July 1 to 5. Proceeds from the sales were used to fund dividends on preferred securities.

As of July 5 the company held 843,775 Bitcoin and $2.55 billion in cash. Strategy announced in late June that it might sell up to $1.25 billion in Bitcoin to build cash reserves and avoid issuing more equity, Fortune reported. The firm did not sell shares through its at-the-market equity program or repurchase stock during the period, according to cryptoninjas.net.

Michael Saylor, executive chairman, began accumulating Bitcoin for the balance sheet in 2020 when the company was called MicroStrategy. “You do not sell your Bitcoin,” Saylor said in October. Strategy’s Bitcoin cost basis stands at approximately $63.9 billion and its average purchase price at $75,700 per Bitcoin, zerohedge.com reported.

The company recorded an $8.32 billion loss on digital assets for Q2 2026, of which $8.31 billion was unrealized, cryptoninjas.net stated. Its digital assets carrying value was $49.67 billion as of June 30.