Bitcoin News Today: Strategy Dumps 1,638 BTC Below Cost Basis

NewsTue, 04 Aug 2026 10:57:14 UTC4 hours ago
Bitcoin News Today: Strategy Dumps 1,638 BTC Below Cost Basis

In Bitcoin news today, Strategy (MSTR) has sold 1,638 BTC for approximately $105M, according to a recent 8-K filing with the SEC, marking six consecutive weeks without a single Bitcoin purchase and continuing a clear pivot away from the firm’s historic accumulation strategy.

The sale is notable because Strategy has staked its business on accumulating, not selling, Bitcoin. Yet the firm has now sold Bitcoin on multiple occasions in 2026, signaling a meaningful shift in how it manages its treasury obligations.

This news comes as BTC USD trades for around $63,500, up +1.5% over the past 24 hours as the market digests this latest sell from Strategy. Daily trading volume for Bitcoin sits at just over $25Bn.

Saylor has come out to address this latest sell. He claims to have never sold any personal Bitcoin and that his ‘Never sell’ mantra referred to individual savings and not corporate stacks.

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