Michael Saylor defends Strategy’s $104.7M Bitcoin sale after ‘never sell’ backlash

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Strategy sold 1,638 BTC for approximately $104.7 million between July 27 and August 2, 2025, at an average price of $63,957 per Bitcoin. The proceeds were split between preferred-stock dividend payments of $52.4 million and STRC share repurchases of $52.3 million under its capital management program. The transaction reduced Strategy’s Bitcoin holdings by 0.19%, leaving the company with 842,138 BTC acquired for approximately $63.51 billion. Michael Saylor clarified that his « never sell » message applied to his personal Bitcoin holdings, not Strategy’s corporate treasury, which serves different financing purposes. The company also sold 3.01 million MSTR shares for $290.6 million, raising its US dollar reserve to approximately $4 billion.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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