Strategy sells BTC for first time in 4 years as Bitcoin…

Strategy (MSTR) disclosed in a Monday morning SEC filing the sale of 32 bitcoin for $2.5 million — a rounding error against its 840,000-plus BTC stack, but the first sale in four years and a signal that larger disposals may follow. The stated purpose: funding dividend payments on its high-yielding preferred stock, STRC.

Bitcoin slipped just below $72,000 on the news, down nearly 3% over the past 24 hours. MSTR shares fell 5.15% in premarket trading. Michael Saylor had telegraphed the move weeks ago, but the confirmation still landed on already-depressed markets with visible impact.

For context, Strategy previously sold 704 BTC near the bottom of the 2022 bear market at roughly $18,000 each — a sale that, in hindsight, marked a significant price floor. Whether the current disposal carries the same contrarian signal is the question Bitcoin bulls are now asking.