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Strategy sells 3,588 Bitcoin amid $8.3B Q2 digital asset loss to boost USD reserves.

Market News
06 Jul 2026, 15:04 WIB
Crypto Briefing
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Bearish
Strategy sells 3,588 Bitcoin amid $8.3B Q2 digital asset loss to boost USD reserves.

Strategy sold 3,588 Bitcoin between June 29 and July 5, raising about $216 million to fund preferred stock distributions and increase its US dollar reserves. This sale is part of a broader Bitcoin monetization program approved by the board, allowing up to $1.25 billion in Bitcoin sales to support capital management. Despite these sales, the company still holds approximately 843,775 Bitcoin worth around $52 billion. Strategy also reported an $8.32 billion digital asset loss in Q2, mainly from unrealized losses, and appointed a new principal accounting officer following a retirement.

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