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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
06/02/2026

Michael Saylor’s Strategy Sells 32 Bitcoin, Still Holds Over 4% of Total Supply

What happened: Michael Saylor’s firm, Strategy, sold 32 bitcoin for $2.

Michael Saylor’s Strategy Sells 32 Bitcoin, Still Holds Over 4% of Total Supply

What happened: Michael Saylor’s firm, Strategy, sold 32 bitcoin for $2.5 million, reducing its total holdings to 843,706 BTC. Despite the sale, Strategy’s remaining bitcoin accounts for more than 4% of the 21 million BTC supply cap, with a value near $61 billion.

Why it matters: The sale is minor relative to Strategy’s overall position, but it marks a rare reduction in holdings for one of the largest institutional bitcoin owners. The move comes amid significant outflows from crypto investment products, raising questions about institutional sentiment and liquidity management.

Source: The Block