Strategy Sells 32 Bitcoins for $2.5M as Shares Fall 14%
STRC•Strategy liquidated 32 Bitcoin tokens worth $2.5 million from its 843,706-coin reserve as Bitcoin’s price dipped 3.1%, contributing to a weekly market cap loss of $160 billion. Strategy shares dropped 14% this week and are down over 70% from peak with record ETF outflows and a shift into AI stocks.
1. Bitcoin Price Dip and Token Sale
As Bitcoin fell 3.1% to $65,391, Strategy sold 32 tokens worth $2.5 million from its 843,706-coin reserve, marking the first sale after a long-held never-sell policy. The withdrawal contributed to a weekly market cap decline of $160 billion.
2. Share Performance and Outflows
Strategy shares declined 14% this week, trading over 70% below their peak, while US-listed Bitcoin ETFs recorded nearly $4 billion of outflows over 12 consecutive sessions. Additionally, about $1.5 billion in bullish perpetual futures positions were liquidated in a 24-hour period.
3. Capital Rotation Toward AI Equities
Investors have shifted capital from digital assets into AI-focused technology stocks, drawn by stronger risk-reward profiles and momentum in areas like data centers and GPU infrastructure. Firms previously planning Bitcoin investments, including K Wave Media and Bitdeer, redirected hundreds of millions of dollars into AI initiatives.
4. Strategic Accumulation Under Scrutiny
The token sale challenges Strategy’s long-standing accumulation strategy and raises questions about its future Bitcoin purchases. Leveraged and income funds tied to the company, such as MSTU, MSTY and MSTX, may face heightened volatility if investor confidence remains shaken.
