Strategy (ticker MSTR) disclosed a sale of 3,558 bitcoin on Monday, intensifying scrutiny of its treasury management amid a volatile crypto market where Bitcoin trades around $62,984.84.
Recent Bitcoin Transactions
In late May, Strategy off‑loaded a modest 32‑bitcoin block when the digital asset briefly peaked near $74,000. Since then, the price fell beneath $58,000 before a short‑lived rally to roughly $64,000 over the July 4 weekend, which the latest large sale abruptly halted.
Michael Saylor’s team simultaneously bought 3,657 bitcoin at noticeably higher levels, yet the net gain amounted to only 69 coins despite injecting approximately $20 million in fresh capital, according to KALEO’s commentary on X.
The average cost of the newly acquired holdings now exceeds $289,000 per bitcoin, reflecting that the company sold portions of its stash at prices lower than recent purchase levels.
Impact on Preferred Stock STRC
Strategy’s high‑yield preferred share, STRC, recently climbed 50 basis points to a 12% dividend, a move aimed at safeguarding investor returns despite the underlying bitcoin volatility.
While both Bitcoin and MSTR common stock slipped on Monday, STRC rebounded from a prior dip below $75, posting a 2.1% gain that places its price just under $90.
Overall Market Position
Holding 843,775 bitcoin at an average acquisition price of $75,476, Strategy remains the largest publicly traded corporate holder of the cryptocurrency, a status that continues to attract attention from blockchain investors.
The recent sales and purchases illustrate the firm’s aggressive tactics to balance its crypto exposure with the need to sustain dividend yields for shareholders seeking stable returns in the crypto‑driven market.