Strategy Moves 299 BTC Amid Speculation of Another Sale

Strategy, the company led by Michael Saylor, has moved 299.84 BTC worth $18.91 million, according to onchain tracker Lookonchain. This transfer has revived questions about whether Strategy is preparing to sell Bitcoin again.

The move is reminiscent of a pattern seen before July's $216 million sale, when Strategy sold 3,588 BTC at an average price near $60,000. At the time, Saylor broke his public 'never sell' pledge, citing funding distributions on its STRC perpetual preferred stock rather than a shift in long-term conviction.

Just before this latest transfer, Saylor posted 'Bitcoin Drive engaged' alongside the company's acquisition tracker, sparking expectations of another purchase. However, Strategy has not issued an official statement addressing the transfer.