🚨 STRATEGY JUST SOLD 3,588 BITCOIN... AND THE MARKET IS ASKING WHY.
Strategy confirmed it sold 3,588 BTC worth $216 MILLION.
Not to abandon Bitcoin. Not because of panic. But to pay dividends on its Digital Credit securities.
The sales came in two waves.
1,363 BTC worth $80.8M at the end of June.
Then another 2,225 BTC worth $135.2M during the first days of July.
At the same time, the company reported an eye-watering $8.32 BILLION Q2 loss on digital assets.
Almost all of it is unrealized.
That means the losses are largely on paper, not from dumping its long-term Bitcoin position.
This is a reminder that even the world's biggest corporate Bitcoin holders sometimes sell for capital management, not because their conviction has changed.
For Bitcoin investors, understanding why coins move can matter far more than how many move.
Watch the balance sheet. Watch the strategy. Not just the headlines.
#Bitcoin #BTC #Crypto #Strategy #Investing
Strategy confirmed it sold 3,588 BTC worth $216 MILLION.
Not to abandon Bitcoin. Not because of panic. But to pay dividends on its Digital Credit securities.
The sales came in two waves.
1,363 BTC worth $80.8M at the end of June.
Then another 2,225 BTC worth $135.2M during the first days of July.
At the same time, the company reported an eye-watering $8.32 BILLION Q2 loss on digital assets.
Almost all of it is unrealized.
That means the losses are largely on paper, not from dumping its long-term Bitcoin position.
This is a reminder that even the world's biggest corporate Bitcoin holders sometimes sell for capital management, not because their conviction has changed.
For Bitcoin investors, understanding why coins move can matter far more than how many move.
Watch the balance sheet. Watch the strategy. Not just the headlines.
#Bitcoin #BTC #Crypto #Strategy #Investing