Strategy Bitcoin Wallet Transfers $66M While Holdings Stay Unchanged
Strategy Bitcoin holdings remain unchanged despite a recent large wallet movement involving Michael Saylor's company. The transaction occurred around two hours ago and adds to a series of recent treasury-related Bitcoin movements involving the company's wallets.
The transfer involved $66 million in BTC, but Strategy's total holdings of BTC remained the same. This move follows recent balance sheet changes disclosed in a filing with the U.S. Securities and Exchange Commission (SEC), where between July 28 and August 2, the company sold 1,638 BTC, earning $104.73 million in net proceeds.
Strategy earned an additional $290.6 million by offering 3.01 million Class A common shares under its at-the-market equity program, allowing the company to raise $250 million for its U.S. dollar reserve and increasing its total cash holdings to nearly $4 billion.