user-avatar
Jake Simmons

Strategy Discloses 32 BTC Sale From May 26-31, First Since December 2022

Strategy disclosed that it sold 32 BTC between May 26 and May 31 for about $2.5 million, its first reported Bitcoin sale since a December 2022 tax-loss transaction. The company said the proceeds are expected to help fund distributions tied to its preferred stock structure, while it reported holding 843,706 BTC as of May 31.