NewsCryptoStrategy’s Bitcoin Holdings Unchanged After $66 Million Wallet Transfer

Strategy’s Bitcoin Holdings Unchanged After $66 Million Wallet Transfer

Author: Tron Weekly·

Key Takeaways

  • Strategy sold 1,638 BTC between July 28 and Aug. 2, producing $104.73 million in net proceeds, according to an SEC filing.
  • After the sale, Strategy held 842,138 BTC acquired for $63.51 billion at an average cost of $75,419 per Bitcoin.
  • The company raised $290.6 million by selling 3.01 million Class A shares and used $250 million to increase its U.S. dollar reserve to nearly $4 billion.
  • Strategy repurchased 912,143 shares of STRC perpetual preferred stock for about $81.2 million after the shares traded below the $100 liquidation preference.
  • A recent transfer of 1,030 BTC has not been tied to any confirmed sale, and neither Strategy nor Michael Saylor has publicly explained it.
Strategy’s Bitcoin Holdings Unchanged After $66 Million Wallet Transfer

Strategy’s Bitcoin holdings remain unchanged despite another large wallet movement involving Michael Saylor’s company. The transfer took place about two hours ago and adds to a series of recent treasury-related Bitcoin movements involving the company’s wallets.

Bitcoin is currently trading at $64,104, up 0.37% over the past 24 hours, with a daily trading volume of $35.08 billion, a market capitalization of $1.29 trillion, and market dominance of 58.72%, according to CoinGecko.

The latest transfer comes after recent balance sheet changes disclosed in a filing with the U.S. Securities and Exchange Commission (SEC). Between July 28 and Aug. 2, the company sold 1,638 BTC, generating $104.73 million in net proceeds. After the sale, Strategy’s Bitcoin holdings stood at 842,138 BTC, acquired for $63.51 billion at an average cost of $75,419 per Bitcoin. For readers tracking the company’s treasury, that scale helps explain why even a relatively small wallet transfer can draw outsized attention: Strategy remains one of the largest corporate Bitcoin holders, and its on-chain activity is often watched alongside formal disclosures.

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Strategy Strengthens Liquidity While Adjusting Bitcoin Treasury

In addition to selling Bitcoin, Strategy raised $290.6 million by offering 3.01 million Class A common shares under its at-the-market equity program. The company used $250 million of that amount to increase its U.S. dollar reserve, bringing total cash holdings to nearly $4 billion. Strategy also repurchased 912,143 shares of STRC perpetual preferred stock for about $81.2 million after the shares traded below the $100 liquidation preference.

According to a recent post by Lookonchain, the newly transferred 1,030 BTC has not been linked to any confirmed sale. Neither Strategy nor Michael Saylor has made a public statement explaining the transfer. In corporate Bitcoin treasury management, such movements often reflect custody changes, treasury management, collateral transfers, or internal restructuring rather than liquidation, which is why on-chain transfers are usually read in combination with filings and company disclosures rather than on their own.

Strategy Bitcoin Transfer Draws Attention

Movements in Strategy’s Bitcoin wallets continue to attract attention because the company is one of the largest Bitcoin holders in the world. Market participants and blockchain analysts closely monitor these transfers, as some of the company’s treasury operations have influenced overall market sentiment in the past. Although 1,030 BTC is a small portion of the company’s treasury, the transfer underscores the level of scrutiny surrounding institutional Bitcoin treasury management. With both Bitcoin and large corporate holders remaining under close observation, the next point of interest is whether Strategy provides additional disclosure or whether the wallet activity is followed by further on-chain movement.

At the same time, MARA Holdings, a Bitcoin mining company, sent 6,000 BTC, worth $384.6 million, to TwoPrime over the last five hours. According to the analyst report, the transaction does not necessarily indicate a sale and may be related to treasury optimization, custodial changes, or institutional asset management. In the absence of any information about sales of Strategy’s Bitcoin or liquidation of Bitcoin from MARA Holdings, market participants are awaiting future reports and on-chain analysis of the companies’ treasuries.

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