According to foreign media, Strategy sold 3,588 bitcoins last week, in the amount of approximately $216 million. This was a recent and rare net-sale move by the company and allowed the market to reassess the impact of its Bitcoin Treasury strategy on short-term prices.
Total cash available for both shipments $216 million
According to United States Securities and Exchange Commission documents and company open treasury data, the sale was completed in two instalments: 1,363 bitcoins were sold as at 30 June, and another 2,225 were sold from 1 to 5 July, with the latter selling at an average price of $60,773.
After the sale was completed, the bitcoin holding warehouse in Strategy was reduced to approximately 843,775, below the stage height of about 847,363 on 22 June. Company cash reserves rose to over $25.5 billion.
Company claims to be used to split and replenish cash
The article mentions that Michael Saylor described the sale as a regular treasury management, mainly to pay for the dividends of the company ' s digital credit securities and to replenish the French currency reserve. Relevant securities include STRF, STRC, STRK and STRD.
This operation also took place after Strategy launched the Digital Credit Capital Framework on June 29. The framework formally authorized companies to sell up to $1.25 billion in bitcoin to provide space for subsequent cash transfers.
Markets have fallen and stabilized, and ETF is still inflow.
Following the news, bitcoin fell to $61,800 and then rebounded to the vicinity of $64,200. At the time of the closing, the data in the text showed that Bitcoin reported US$ 63,700, an increase of about 1 per cent in the daytime; ITA US$ 1,790, Solana US$ 82, with limited overall volatility of key encrypted assets.
According to the article, the market shorts are more focused on two points: whether Strategy will continue to sell and whether the price range of the subsequent sale will continue to put pressure on TTs. However, from an immediate response, the market did not interpret this reduction as a broader risk signal.
In addition to the direction of the company ' s treasury, the FIT funds are still being supported. It states that Bitcoin ETF recorded a net inflow of $266 million on Monday and ETF net inflow of $20 million over the same period.
Additional information:The same article also mentioned Bernstein ' s reaffirmation that the Bitcoin target price was $150,000 and its belief that, despite the first half of the year, the current market structure was biased upwards. This judgement belongs to an institutional view and is not a fact of fact.