Strategy-linked Wallets Move 1,030 BTC After Recent Bitcoin Sale
Strategy-linked Bitcoin wallets executed a series of five transactions on Wednesday, transferring 1,030.257 BTC worth approximately $64.136 million to various addresses.
The transfers consolidate into one receiving address, with two separate transactions combining 316.295 BTC into a single wallet.
This activity follows the company's recent sale of 1,638 BTC for $104.7 million between July 27 and August 2 to cover preferred-stock dividends and partially fund its STRC share buyback program.
Strategy's total Bitcoin balance now stands at 842,138 BTC, according to SEC regulatory filings.