Strategy Transfers Another 1,030 BTC Amidst Ongoing Treasury Management
Strategy, formerly known as MicroStrategy and led by Michael Saylor, has made another significant Bitcoin transfer. On-chain data from Lookonchain shows that wallets linked to Strategy transferred a total of 1,030 BTC, valued at approximately $66.14 million, in a series of transactions completed within a short window.
This movement follows Strategy's recent disclosure of a sale of 1,638 Bitcoin for roughly $102.4 million in the prior week. The company continues to maintain one of the largest corporate Bitcoin treasuries in the world, holding 842,138 BTC with an estimated value of $52.65 billion at prevailing prices.
The transfers from Strategy-linked addresses were broken into multiple smaller transactions according to blockchain tracking data from Arkham. Several of the outgoing transfers occurred within a few hours of one another, with individual amounts ranging from under 100 BTC to more than 300 BTC each.