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<h2 id="b-tldr-b">TLDR:</h2><ul><li>Strategy sold 32 BTC between May 26–31, 2026, generating $2.5M to fund preferred stock dividend distributions.</li><li>The Bitcoin sale marks Strategy’s first disposal of BTC since its December 2022 tax-loss harvesting transaction.</li><li>Strategy holds 843,706 BTC worth $63.87B, with an average purchase price of $75,699 per bitcoin as of May 31.</li><li>Strategy’s USD Reserve stood at $900M on May 31, established to support preferred stock dividends and debt obligations.</li></ul>Strategy Inc. sold Bitcoin for the first time since December 2022, offloading 32 BTC between May 26 and May 31, 2026. The sale generated approximately $2.5 million in proceeds. According to an <a href="https://www.sec.gov/Archives/edgar/data/1050446/000119312526249768/mstr-20260530.htm" rel="noopener noreferrer nofollow">8-K filing</a> with the SEC, the company plans to use those funds to cover distributions on its preferred stock. As of May 31, Strategy held 843,706 BTC, acquired at a total cost of $63.87 billion.<h2 id="b-strategy-executes-small-bitcoin-sale-to-cover-dividend-obligations-b">Strategy Executes Small Bitcoin Sale to Cover Dividend Obligations</h2>Strategy’s latest Bitcoin sale marked a notable shift from its long-standing accumulation strategy. The company sold 32 BTC at an average price of $77,135 per coin, net of fees. This move came after years of consistent buying, making it a rare event in the company’s history.The last time<a href="https://blockonomi.com/strategys-bitcoin-transaction-ignites-20m-polymarket-controversy/" rel="noopener noreferrer nofollow"> Strategy</a> sold Bitcoin was in December 2022, when it disposed of 704 BTC. That sale was executed as a tax-loss harvesting move, and the company repurchased more Bitcoin just two days later. The current sale, however, carries a different purpose — funding preferred stock dividends.The SEC filing confirmed the transaction directly, stating that the proceeds from the bitcoin sales are expected to be used to fund distributions on preferred stock.Strategy also raised $128.3 million through its at-the-market offering of Class A common stock during the same period. The company sold 801,994 <a href="https://moneycheck.com/strategy-mstr-stock-retail-investors-dominate-80-of-strc-preferred-share-holdings/" rel="noopener noreferrer nofollow">MSTR shares</a> under its ATM program. No preferred stock shares were sold during the May 26–31 window.<h2 id="b-preferred-stock-dividends-and-financial-disclosures-b">Preferred Stock Dividends and Financial Disclosures</h2>Strategy’s board declared cash dividends on May 30, 2026, payable on June 30 to shareholders of record as of June 15. The <a href="https://parameter.io/strategy-mstr-stock-dips-despite-massive-2-54b-bitcoin-acquisition/" rel="noopener noreferrer nofollow">STRF</a> and STRD preferred shares will each receive $2.50 per share for the quarter ending June 30. STRK shareholders will receive $2.00 per share for the same period.The Variable Rate Series A Perpetual Stretch Preferred Stock, trading under STRC, will receive a monthly dividend of approximately $0.958 per share. Strategy confirmed it would maintain the regular dividend rate per annum on its STRC stock at 11.50%, effective for monthly periods commencing on or after June 1, 2026.Strategy also holds a euro-denominated preferred stock, STRE, which will receive €2.50 per share for the quarter ending June 30. This marks Strategy’s continued expansion of its preferred equity instruments across multiple currencies and structures.On the tax front, the company noted in its filing that as of June 1, 2026, Strategy expects that the dividends payable on June 30, 2026, will be characterized as non-taxable return of capital to the extent of a shareholder’s tax basis in their applicable preferred equity instruments for <a href="https://coincentral.com/trump-proposes-eliminating-federal-income-tax-using-tariff-revenue/" rel="noopener noreferrer nofollow">U.S. federal income tax</a> purposes. Shareholders were advised to consult their own tax advisors regarding specific federal, state, local, and non-U.S. tax consequences.The post <a href="https://blockonomi.com/strategy-sells-bitcoin-for-the-first-time-since-2022-to-fund-preferred-stock-dividends/" rel="noopener noreferrer nofollow">Strategy Sells Bitcoin for the First Time Since 2022 to Fund Preferred Stock Dividends</a> appeared first on <a href="https://blockonomi.com" rel="noopener noreferrer nofollow">Blockonomi</a>.

Strategy Sells Bitcoin for the First Time Since 2022 to Fund Preferred Stock Dividends

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