#StrategySells3588BTC


The "never sell" corporate Bitcoin thesis just met its ultimate reality check.

Between June 29 and July 5, Strategy executed its largest-ever on-chain liquidation, selling 3,588 BTC to raise approximately $216 million in gross cash proceeds. The historic sale—roughly 112 times larger than its symbolic 32 BTC "test" liquidation in May—was triggered to fund dividend distributions for its perpetual preferred stock series.

While Strategy’s core reserve remains massive at 843,775 BTC alongside $2.55 billion in cash, a staggering $8.32 billion digital asset impairment loss in Q2 briefly dragged its market Net Asset Value (mNAV) below 1.0. Wall Street is adjusting to a new era: even the ultimate corporate diamond hands must periodically activate liquidity loops to service complex capital structures.

#StrategySells3588BTC #Bitcoin #CryptoNews #MacroEconomics
BTC1.36%
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UQueen
· 14h ago
To The Moon 🌕
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UQueen
· 14h ago
To The Moon 🌕
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