Strategy May Have Sold Another 1,030 Bitcoin Amid Ongoing Asset Rebalancing
Strategy, the largest corporate holder of Bitcoin (BTC), may have sold an additional 1,030 BTC, according to experts at Lookonchain. This potential sale comes after the company already sold 5,258 BTC, worth around $335 million, in just over a month.
The data from Arkham Intelligence shows that Strategy transferred the 1,030 BTC from one of its affiliated wallets on August 5, 2026, in several tranches. However, it's unclear whether this is a sale or a rebalancing of the company's assets.
Strategy has been using the proceeds from selling Bitcoin to buy back shares and pay dividends on STRC securities. The company's top priority is to bring the price of these shares back to their $100 par value.