Strategy · Bitcoin · Michael Saylor · Bitcoin Magazine
Strategy (MSTR) Sells 3,588 Bitcoin to Cover Preferred Dividends
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
◎ Multiple-sources
Strategy (MSTR) sold a record 3,588 bitcoin for $216 million to fund preferred stock dividends.
Key facts
- Strategy sold 3,588 bitcoin for $216 million to fund dividends on its preferred securities, the company disclosed in a Form 8-K on July 6, 2026
- As of July 5, the company held 843,775 bitcoin in its reserves and $2.55 billion in cash
- Strategy sold 32 bitcoin for about $2.5 million, its first disposal since 2022, to fund preferred dividends
- After the May sale, the company bought 1,550 bitcoin for $101.3 million, nearly 50 times the size of the disposal
Summary
Strategy sold 3,588 bitcoin for $216 million to fund dividends on its preferred securities, the company disclosed in a Form 8-K on July 6, 2026. Chairman Michael Saylor posted about the transaction on social media. The disclosed sale funded quarterly dividends on STRF, STRE, STRK, and STRD. Each instrument carries a distinct payout structure.