Did Michael Saylor Lie About Bitcoin? Inside Strategy’s $105M BTC Sale
Share:
MicroStrategy sold 1,638 BTC for $104.73 million between July 27 and August 2 at an average price of $63,957, reducing holdings to 842,138 BTC from an average purchase price of $75,419 per coin, according to an August 3 SEC filing. Three major 2026 sales removed a total of 5,258 BTC and the company’s STRC dividends and share repurchases show Wall Street-style fundraising and balance sheet management overtaking its prior 'never sell' Bitcoin accumulation narrative, a negative signal for crypto market confidence.
Predictions Markets
See what traders are focused on
- Strategy sold 1,638 BTC for $104.73 million as corporate obligations reshaped its policy.
- Three major 2026 sales removed 5,258 BTC despite earlier promises of endless accumulation.
- STRC dividends and share repurchases show how Wall Street financing overtook Bitcoin rhetoric.
Michael Saylor spent years promoting “never sell your Bitcoin” as personal advice and a defining principle of Strategy’s corporate identity. However, that message now faces its strongest test after the company sold 1,638 BTC for $104.73 million between July 27 and August 2.
The coins were sold at an average price of $63,957, reducing Strategy’s holdings to 842,138 BTC. The company had acquired those holdings for a combined $63.51 billion, placing its average purchase price at $75,419 per coin.
Unlike earlier wallet-transfer speculation, the disposal was confirmed in an August 3 filin…
Read The Full Article Did Michael Saylor Lie About Bitcoin? Inside Strategy’s $105M BTC Sale On Coin Edition.
In This News
Coins
$ 64.79K
+0.81%
$ 0.00169
Predictions Markets
See what traders are focused on
Share:
In This News
Coins
$ 64.79K
+0.81%$ 0.00169
Predictions Markets
See what traders are focused on
Share:
Read More
Strategy Sells 1,638 Bitcoin to Fund STRC Stock and Dividends
