MicroStrategy sold 32 BTC between May 26 and May 31 at an average of $77,135 per coin, raising about $2.5 million in its first Bitcoin reduction since December 2022. The sale, which trimmed holdings but left a balance of 843,706 BTC, triggered a roughly 4% drop in Bitcoin.
Between May 26 and May 31, MicroStrategy disposed of 32 Bitcoin at an average price of $77,135 per coin, generating approximately $2.5 million. This marks the company’s first reduction in its Bitcoin holdings since its previous sale of 704 BTC in December 2022.
The announcement of the sale coincided with an immediate market response, causing Bitcoin to decline by roughly 4% as traders and algorithms interpreted the move as a shift away from the firm’s long-standing accumulation trend.
Despite the reduction, MicroStrategy’s Bitcoin inventory remains substantial at 843,706 BTC. The sale is viewed as a measured de-risking step intended to meet potential obligations and reduce uncertainty around the firm’s leveraged treasury structure.
Analyst commentary highlights the sale as a ‘slay the sacred cow’ event, signaling a willingness to sell Bitcoin proactively rather than face forced liquidations. Market participants have expressed concern that this shift could indicate a new, more cautious acquisition strategy moving forward.
