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Strategy Files SEC Form 8-K After Selling 3,588 Bitcoin for $216 Million

Strategy Files SEC Form 8-K After Selling 3,588 Bitcoin for $216 Million
Abhishek Sharma
Founder & Editor-in-Chief
Published: Updated: 1 min read
Strategy Files SEC Form 8-K After Selling 3,588 Bitcoin for 6 Million

Strategy Inc. disclosed in a SEC Form 8-K, it sold 3,588 Bitcoin for about $216 million between June 29 and July 5. The sales included 1,363 BTC worth $80.8 million during June 29–30 and 2,225 BTC worth $135.2 million during July 1–5, reducing its Bitcoin holdings to 843,775 BTC.

The company said the proceeds from the Bitcoin sales were used to fund preferred stock payments. As of July 5, Strategy’s cash reserve totaled $2.55 billion.

For the second quarter, Strategy reported an unrealized loss of $8.31 billion and an $8.32 billion loss on digital assets.

As of June 30, the company reported a digital asset carrying value of $49.67 billion.

Strategy also confirmed it did not sell any shares under its at-the-market (ATM) program during the period and made no share repurchases, according to the SEC Form 8-K filing.

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Abhishek Sharma
Founder & Editor-in-Chief

Abhishek Sharma

I’m Abhishek Sharma, an Advocate based in Delhi, entrepreneur, investor, and founder of BigBreakingWire. I am an enrolled Advocate with a strong interest in entrepreneurship, media, and technology. I founded BigBreakingWire, a digital news platform covering breaking news, business, financial markets, companies, and important developments in India and around the world. I also have a software company and take an active interest in technology, software, AI, digital products, and new business ideas. As an investor, I’m interested in discovering and investing in promising businesses and startups. I look for good ideas, strong founders, practical business models, and opportunities with long-term potential. I enjoy building businesses, learning about new industries, and connecting with people who are working on interesting ideas and opportunities. Advocate | Entrepreneur | Investor | Founder & Editor-in-Chief, BigBreakingWire

Last reviewed by Abhishek Sharma on August 26, 2026

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