MicroStrategy Sells 32 BTC for $2.5M; Holdings Now 843,706 BTC
MicroStrategy sold 32 bitcoin for about $2.5 million, reducing its reported holdings to 843,706 BTC.
MicroStrategy reported the sale of 32 bitcoin for roughly $2.5 million, bringing its reported holdings to 843,706 BTC.
The filing shows the proceeds were about $2.5 million, implying an average price near $78,125 per bitcoin. The 32 BTC represents roughly 0.0038% of the company's reported bitcoin holdings.
MicroStrategy did not disclose the timing or purpose of the transaction. Prior public disclosures show the firm has at times sold small amounts to cover employee tax obligations and related costs; the company did not tie this sale to any specific use in its update.
MicroStrategy, led by CEO Michael Saylor, began accumulating bitcoin in 2020 and has regularly updated investors on changes to its holdings. The firm's reported total of 843,706 BTC remains among the largest single-company stakes held by publicly traded firms.
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