Strategy Sells 3,588 Bitcoin While Q2 Digital Asset Loss Reaches $8.3 Billion

• Strategy sold 3,588 Bitcoin, raising $216 million while reducing holdings and strengthening its US dollar reserve during the reporting period.
• The company reported an $8.32 billion unrealized digital asset loss and confirmed no share sales or repurchases occurred last week.
• Andrew Kang became principal accounting officer as Strategy maintained its $1.25 billion Bitcoin monetization program for future liquidity needs unchanged.

 

Strategy has sold 3,588 Bitcoin while reporting an $8.32 billion digital asset loss for the second quarter. According to Crypto Briefing, the company completed the transactions to fund preferred stock distributions and strengthen its US dollar reserve as part of its broader capital management strategy.

The company generated approximately $216 million in net proceeds from the sales completed between June 29 and July 5. During the reporting period, Strategy first sold 1,363 Bitcoin at an average price of $59,256. It later disposed of another 2,225 Bitcoin at an average price of $60,773.

Consequently, Strategy’s Bitcoin holdings declined from 847,363 BTC to 843,775 BTC. Even so, the company continues to hold one of the largest corporate Bitcoin treasuries, valued at roughly $52 billion based on current market prices.

Moreover, the transactions form part of a recently approved Bitcoin monetization program. The initiative allows Strategy to sell up to $1.25 billion worth of Bitcoin to support liquidity needs and maintain its cash reserves. Earlier this year, the company disclosed the sale of 32 Bitcoin in May. Combined with last week’s transactions, Strategy has now sold 3,620 Bitcoin during 2026.

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Bitcoin Monetization Plan Supports Liquidity Strategy

According to the report, Strategy‘s board approved the monetization program to improve financial flexibility without abandoning its long-term Bitcoin strategy. The company confirmed that the full $1.25 billion authorization remains available despite the latest transactions.

Additionally, Strategy reported that its US dollar reserve exceeded $2.5 billion as of July 5. The larger cash position provides additional resources for preferred stock distributions and other corporate obligations.

Meanwhile, the company disclosed that it did not issue shares through its at-the-market equity program during the reporting period. It also confirmed that no share repurchases took place between June 29 and July 5.

Besides updating investors on its treasury activities, Strategy reported an $8.32 billion digital asset loss for the second quarter. According to the filing, the figure mainly reflects unrealized losses resulting from changes in Bitcoin’s market value rather than realized investment losses.

Finance Leadership Changes Accompany Quarterly Update

Strategy also announced a change within its finance leadership team. Andrew Kang has assumed the role of principal accounting officer following the retirement of Jeanine Montgomery. However, the filing did not signal any shift in the company’s long-term approach to Bitcoin ownership. Instead, the latest disclosures indicate that Strategy continues balancing liquidity requirements with its commitment to maintaining a substantial Bitcoin treasury.

Strategy’s latest filing highlights a measured approach to treasury management through selective Bitcoin sales and stronger cash reserves. While the company reported a significant unrealized digital asset loss during the second quarter, it retained substantial Bitcoin holdings and preserved the full capacity of its monetization program for future capital management needs.

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