Strategy Responds to Bitcoin Sell-Off Debate, Adds 1,550 BTC

Strategy has moved to clarify market concerns following its sale of 32 bitcoins, a transaction valued at roughly $2.5 million, according to CoinDesk. Company disclosures cite cofounder Michael Saylor as saying he has never asserted that Strategy would "never" sell Bitcoin. He reiterated that his long-standing message about not selling Bitcoin was aimed at individual investors, and should not be conflated with corporate treasury decision-making. Speaking at the Bitcoin Conference in Prague, Saylor said corporate treasury management may involve selling small portions of holdings to address funding needs or operational requirements. The sale drew criticism from some Bitcoin supporters who questioned the gap between maintaining the option to sell and management's broader "do not sell Bitcoin" stance. CEO Phong Le previously characterized the 32-BTC sale as primarily a test of internal processes and said the external response was overblown, though the explanation did not fully defuse the controversy. Strategy has since continued to accumulate. Disclosures show the company bought an additional 1,550 BTC between June 1 and June 7 for about $101 million, at an average price of roughly $65,332 per bitcoin. The purchase lifts Strategy's total holdings to 845,256 BTC, maintaining its position as the world's largest corporate Bitcoin holder. Based on the figures provided, Strategy's average cost basis is approximately $75,699 per BTC. With Bitcoin trading around $62,560, the company remains in an unrealized loss position. The report notes that the post-sale accumulation suggests no directional change in Strategy's overall Bitcoin treasury strategy.