Strategy unloads 3,588 BTC for $216 million, trims its bitcoin stash while still sitting on heavy unrealized losses.
The Block •
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Promote with Leviathan News3,588 BTC is only 0.43% of the 843,775 BTC stack; the problem is the proceeds went to preferred-stock distributions and the USD reserve, not new BTC. STRC/STRK/STRD/STRF now matter more than Saylor's HODL branding because common holders are absorbing BTC sales below the $75,476 average cost while Strategy keeps a $2.55B reserve and untouched $1.25B monetization capacity as of July 5.
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