MicroStrategy sells 32 BTC to fund preferred dividends, keeps large Bitcoin position after equity sale
MicroStrategy sold 32 BTC in late May to fund preferred stock dividends, its first Bitcoin sale since 2022.
MicroStrategy disclosed in an 8‑K that it sold 32 Bitcoin between May 26 and May 31 at an average price of $77,135 per coin, generating roughly $2.5 million in proceeds [1] [2] [3].
The filing says the proceeds from the sale will be used to fund distributions on the company’s preferred stock, a move the company executed specifically to meet those dividend obligations [1] [4] [5].
MicroStrategy still reports a large Bitcoin position — about 843,706 BTC at an average purchase price of $75,699 — and recently raised additional cash by selling 801,994 shares of MSTR for approximately $128.3 million; the company’s USD reserve was reported around $900 million [2] [6].
Reports note this is MicroStrategy’s first Bitcoin sale since 2022, though company disclosures show the sale was limited in size and designated for preferred‑stock distributions [4] [1].
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Citations
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- 1Strategy sold 32 bitcoin for $2.5 million in late May, filing showsCoinDesk• Jun 1, 2026
- 2Michael Saylor’s Strategy Sold 32 BTC: Here Is WhyCoindoo• Jun 1, 2026
- 3Breaking: Strategy Sells 32 Bitcoin for First Time Since 2022Coinpedia Fintech News• Jun 1, 2026
- 4Strategy Sells Bitcoin for First Time, Dumps 32 BTC to Fund Preferred Stock DividendsBitcoin.com News• Jun 1, 2026
- 5Strategy sells Bitcoin for first time since 2022 to fund preferred stock dividendsCrypto Briefing• Jun 1, 2026
- 6Strategy Bitcoin Sale Raises Questions – Here Is Why The Move May Not Be BearishBlockNews• Jun 1, 2026
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