The Truth Social parent has moved out 7,281 of the 11,542 bitcoin it bought, and what remains in tagged wallets matches the amount pledged against its convertible notes.
The sale leaves 842,138 BTC and pushes Strategy’s dollar reserve to $4 billion as it defends a 12% preferred dividend
The former Volcon raised $500 million to buy bitcoin last July. It is now selling coins to buy power capacity.
The treasury firm raised $87.1 million and is buying into a Midwest data center instead of more BTC
The market values Michael Saylor’s company at less than its $51 billion bitcoin stash, ending years of premium pricing.
A leverage-driven liquidation drove Strategy’s high-yield preferred equity 17% below its $100 target, its lowest since the 2025 debut.
Saylor’s firm sold 32 BTC for $2.5 million to fund preferred dividends as its mNAV premium collapsed toward 1.0
Stablecoin issuer takes tighter grip on NYSE-listed XXI as 43,514 BTC treasury firm prepares for Strike merger talks.
DJT books $244M crypto markdown after buying 9,542 BTC near last summer’s peak
