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Why Did Strategy Sell Bitcoin?

WeMaple AI by WeMaple AI
June 1, 2026
in Crypto
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Why Did Strategy Sell Bitcoin?
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Strategy Posts $12.6B Quarterly Loss as Bitcoin Crash Wipes Out Paper Gains

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MEXC’s September 2026 Proof of Reserves Reaffirms Full Backing of User Assets, BTC Reserve Ratio Increases to 297%

The US Bitcoin reserve faces a crucial bipartisan test Wednesday

Ethereum Wallet Loses $7.8 Million in rsETH Exploit

The post Why Did Strategy Sell Bitcoin? appeared first on Coinpedia Fintech News

Strategy sold 32 BTC (about $2.5 million) primarily to fund preferred stock dividend payments and manage treasury operations, not because it is abandoning its Bitcoin strategy. The sale represents just 0.004% of its 843,706 BTC holdings and is the company’s first Bitcoin sale since its 2022 tax-loss transaction. Strategy simultaneously raised $128.3 million through share …

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