Strategy Sells Modest Bitcoin Stash for Preferred Stock Dividends

Strategy, a US-based bitcoin treasury company, sold 32 BTC between May 26 and May 31, 2026. The sale is worth $2.5 million at an average price of $77,135 per coin.

The proceeds from the sale are expected to be used to fund distributions on Strategy's Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), which has an annualized dividend rate of 11.50%. This aligns with the company's stated intention to balance accumulation against institutional selling pressure.

The sale is a small fraction of Strategy's massive BTC holdings, which stood at 843,706 as of May 31, 2026. The company's president, Phong Le, had previously referenced 'the disciplined sale of bitcoin' in a press release on May 26, indicating that the sale was part of the company's policy.