Strategy, formerly MicroStrategy, transferred another 1,030 Bitcoin worth about $66.14 million on Wednesday, drawing renewed attention to the company’s recent Bitcoin activity. On-chain tracker Lookonchain flagged the transaction, although the company has not confirmed that the transfer was a sale.

The latest wallet movement followed Strategy’s disclosure earlier this week that it sold 1,638 BTC during the previous week. The combination of the confirmed sale and the new transfer has prompted market participants to watch for signs of additional Bitcoin sales as part of the company’s treasury management program, which has become a focal point because Strategy is the largest corporate holder of Bitcoin.

Strategy Wallet Transfer Draws Fresh Attention

Lookonchain reported that a wallet believed to be linked to Strategy moved 1,030 BTC valued at approximately $66.14 million. Strategy has not issued a statement on the transfer, and blockchain transactions alone cannot show whether the Bitcoin was sold or simply moved between wallets.

Source: X

The transfer came days after Strategy confirmed selling 1,638 BTC at an average price of $63,957. The sale generated about $104.7 million and reduced the company’s Bitcoin holdings to 842,138 BTC. At current market prices, those holdings are valued at more than $52 billion.

Earlier wallet activity also drew attention after Lookonchain reported that 299.84 BTC left another address believed to be associated with Strategy. The latest movement has added to speculation, but no evidence has confirmed another completed sale.

Strategy said the recent Bitcoin sale helped fund preferred dividend payments and repurchases of STRC shares. The company sold the coins below its average acquisition cost of $75,419, while second-quarter obligations tied to dividends and buybacks totaled about $400.7 million. That detail helps frame why the sale matters: the company’s Bitcoin position is not only a treasury reserve, but also part of a broader capital structure that includes ongoing obligations tied to preferred stock and buybacks.

Michael Saylor Responds to Bitcoin Sale Questions

Executive Chairman Michael Saylor addressed criticism surrounding the company’s recent Bitcoin sale by distinguishing his personal investment approach from Strategy’s corporate treasury decisions.

In a post on X, Saylor wrote, “When I say ‘Never Sell Your Bitcoin,’ I speak as one saver to another. I have never sold mine. Not one satoshi. Strategy is a public company, not my wallet.”

He also said Strategy has told investors since 2020 that it may buy or sell Bitcoin as part of capital management. Saylor added, “Our shared conviction in Bitcoin remains unchanged.”

In another post, Saylor clarified the company’s monetization strategy. He wrote, “Strategy announced its BTC Monetization Program on June 29—31 days before our Q2 results, not after posting a loss. We have never had a ‘never sell’ policy. The program does not require any BTC sale, and we expect to remain a net buyer of Bitcoin over time.”

His comments came after the company’s first disclosed Bitcoin sale following years of aggressive accumulation, underscoring that Strategy’s Bitcoin policy is tied to corporate financing decisions rather than a personal holding rule.

Despite the recent sale, Strategy remains the world’s largest corporate Bitcoin holder. The company continues to own 842,138 BTC, keeping its treasury among the biggest institutional Bitcoin positions in the market and ensuring that any wallet movement continues to draw close attention from traders and on-chain analysts alike.