{"id":73391,"date":"2026-06-01T12:58:49","date_gmt":"2026-06-01T12:58:49","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/strategy-sells-bitcoin-for-first-time-since-2022-dumps-32-btc-to-fund-preferred-stock-dividends-bitcoin-news\/"},"modified":"2026-06-01T12:58:49","modified_gmt":"2026-06-01T12:58:49","slug":"strategy-sells-bitcoin-for-first-time-since-2022-dumps-32-btc-to-fund-preferred-stock-dividends-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/strategy-sells-bitcoin-for-first-time-since-2022-dumps-32-btc-to-fund-preferred-stock-dividends-bitcoin-news\/","title":{"rendered":"Strategy Sells Bitcoin for First Time Since 2022, Dumps 32 BTC to Fund Preferred Stock Dividends \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Strategy sold 32 BTC for $2.5M at $77,135 between May 26 and May 31 to fund preferred dividends.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Strategy holds 843,706 BTC at a $63.87B cost basis despite the sale, with a $900M USD reserve on hand.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Five series of Strategy preferred stock carry active dividends payable June 30, 2026, totaling recurring obligations.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Why the Sale Matters<\/h2>\n<p>The amount is small. Thirty-two coins against a stack of 843,706 <span>BTC<\/span> represents a fraction of a fraction of the company\u2019s holdings. But the reason for the sale draws attention: proceeds are expected to fund distributions on preferred stock, according to the June 1 <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1050446\/000119312526249768\/mstr-20260530.htm\" target=\"_blank\" rel=\"noopener noreferrer\">Form 8-K<\/a> filed with the SEC.<\/p>\n<p><a href=\"https:\/\/news.bitcoin.com\/strategy-strc-pays-farmers-father-11-5-yield-critics-call-it-a-bitcoin-bait-and-switch\/\">Strategy<\/a> has built its entire identity around accumulation. The company has made more than 110 reported purchases over six years, funded through convertible debt, equity offerings, preferred shares, and operating cash. Selling <span>bitcoin<\/span>, even 32 coins, runs counter to that positioning.<\/p>\n<h2>The Preferred Stock Dividend Picture<\/h2>\n<p><span style=\"font-weight:400\">Strategy currently carries five series of preferred stock with active dividend obligations. The board declared the following cash dividends on May 30, 2026, all payable June 30:<\/span><\/p>\n<ul>\n<li style=\"font-weight:400\" aria-level=\"1\"><b>STRF<\/b><span style=\"font-weight:400\"> (10.00% Strife): $2.50 per share, quarter ending June 30<\/span><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><b>STRC<\/b><span style=\"font-weight:400\"> (Variable Rate Stretch, 11.50%): $0.9583 per share, month ending June 30<\/span><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><b>STRK<\/b><span style=\"font-weight:400\"> (8.00% Strike): $2.00 per share, quarter ending June 30<\/span><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><b>STRD<\/b><span style=\"font-weight:400\"> (10.00% Stride): $2.50 per share, quarter ending June 30<\/span><\/li>\n<li style=\"font-weight:400\" aria-level=\"1\"><b>STRE<\/b><span style=\"font-weight:400\"> (10.00% Stream): \u20ac2.50 per share, quarter ending June 30<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight:400\">The variable rate on STRC was held at <a href=\"https:\/\/x.com\/saylor\/status\/2061237787840458985?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">11.50%<\/a> effective June 1, 2026.<\/span><\/p>\n<h2>The USD Reserve<\/h2>\n<p><span style=\"font-weight:400\">Strategy established a U.S. dollar reserve in December 2025, a management-designated <span>liquidity pool<\/span> intended to cover preferred stock dividends and debt interest. As of May 31, 2026, that reserve holds $900 million.<\/span><\/p>\n<p><span style=\"font-weight:400\">The existence of a $900 million cash reserve makes the decision to sell 32 <span>BTC<\/span> more notable. The company chose to <span>liquidate<\/span> a small amount of <span>bitcoin<\/span> rather than draw down its dollar reserve to cover distributions. Following the file going public, <span>BTC<\/span>\u2019s price shuddered below $72,000 to an intraday low of $71,866. <\/span><\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<h2>What the Stack Looks Like Now<\/h2>\n<p><span style=\"font-weight:400\">As of May 31, Strategy holds 843,706 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> acquired for approximately $63.87 billion at an average purchase price of $75,699 per coin. The firm also sold 801,994 shares of MSTR common stock between May 26 and May 31, generating $128.3 million in net proceeds under its at-the-market offering program. Combined ATM capacity across MSTR and preferred stock programs totals more than $51 billion remaining.<\/span><\/p>\n<h2>The Accumulation Record<\/h2>\n<p>Strategy made its first <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> purchase in August 2020 at roughly $11,652 per coin. Outside a minor 704-coin sale in December 2022 for tax purposes, the company has not publicly reported selling <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a>. The May 26 to May 31 sale brings the total disclosed liquidations to a still-negligible level relative to holdings, but it confirms that preferred stock obligations now represent a real and recurring cost the firm is willing to cover with <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> when needed.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/strategy-sells-bitcoin-for-first-time-dumps-32-btc-to-fund-preferred-stock-dividends\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Strategy sold 32 BTC for $2.5M at $77,135 between May 26 and May 31 to fund preferred dividends. Strategy holds 843,706 BTC at a $63.87B cost basis despite the sale, with a $900M USD reserve on hand. Five series of Strategy preferred stock carry active dividends [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":73392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73391"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73391"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73392"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}