Strategy-Linked Wallet Moves $66 Million in BTC Following Recent Sale
A wallet associated with Strategy transferred 1,030 Bitcoin worth around $66.14 million on August 5. This move follows Strategy's recent sale of 1,638 Bitcoin for approximately $104.73 million.
The company reported that it used the proceeds from this sale to fund preferred stock dividends and repurchases of its STRC shares.
Strategy holds a total of 842,138 Bitcoin in its treasury, acquired at an average price of $75,419 per coin.
The transfer of 1,030 Bitcoin is not yet confirmed as a sale by Strategy. According to onchain analytics platform Lookonchain, the wallet attribution may indicate that the address is connected to the company, but it does not establish its purpose or legal ownership.