Strategy Trims Bitcoin Holdings -- WSJ

Dow Jones06-01 22:02

By Vicky Ge Huang

Strategy, the bitcoin accumulation firm founded by Michael Saylor, said Monday that it sold 32 bitcoin last week for roughly $2.5 million, according to a regulatory filing.

It was the company's first sale of the cryptocurrency since 2022. The company said it expects to use proceeds from the bitcoin sale to fund distributions on its preferred stock.

Overall, Strategy held 843,706 bitcoin worth more than $60 billion based on current prices. Saylor has said the company plans to strategically sell bitcoin to cover the dividend obligations on its preferred stocks.

-- Bitcoin prices have fallen sharply after hitting a peak above $126,000 in October, fueling market anxieties that any potential bitcoin sales by the company could intensify the downward selling pressure on bitcoin.

-- Bitcoin fell 2.7% to about $71,846 Monday morning. The cryptocurrency has been stuck trading in a range and is down nearly 18% this year, while tech stocks hit repeated new records.

-- Shares of Strategy dropped 6.5% in morning trading.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

June 01, 2026 10:02 ET (14:02 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2640957457?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-01 22:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2640957457","market":"hk","top_or_hot":-1,"title":"Strategy Trims Bitcoin Holdings -- WSJ","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Vicky Ge Huang \n</p>\n<p>\n     <a href=\"https://laohu8.com/S/MSTR\">Strategy</a>, the bitcoin accumulation firm founded by Michael Saylor, said Monday that it sold 32 bitcoin last week for roughly $2.5 million, according to a regulatory filing. \n</p>\n<p>\n     It was the company's first sale of the cryptocurrency since 2022. The company said it expects to use proceeds from the bitcoin sale to fund distributions on its preferred stock. \n</p>\n<p>\n     Overall, <a href=\"https://laohu8.com/S/STRF\">Strategy</a> held 843,706 bitcoin worth more than $60 billion based on current prices. Saylor has said the company plans to strategically sell bitcoin to cover the dividend obligations on its preferred stocks. \n</p>\n<p>\n     -- Bitcoin prices have fallen sharply after hitting a peak above $126,000 in October, fueling market anxieties that any potential bitcoin sales by the company could intensify the downward selling pressure on bitcoin. \n</p>\n<p>\n     -- Bitcoin fell 2.7% to about $71,846 Monday morning. The cryptocurrency has been stuck trading in a range and is down nearly 18% this year, while tech stocks hit repeated new records. \n</p>\n<p>\n     -- Shares of Strategy dropped 6.5% in morning trading. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 01, 2026 10:02 ET (14:02 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Strategy Trims Bitcoin Holdings -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStrategy Trims Bitcoin Holdings -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-01 22:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Vicky Ge Huang \n</p>\n<p>\n     <a href=\"https://laohu8.com/S/MSTR\">Strategy</a>, the bitcoin accumulation firm founded by Michael Saylor, said Monday that it sold 32 bitcoin last week for roughly $2.5 million, according to a regulatory filing. \n</p>\n<p>\n     It was the company's first sale of the cryptocurrency since 2022. The company said it expects to use proceeds from the bitcoin sale to fund distributions on its preferred stock. \n</p>\n<p>\n     Overall, <a href=\"https://laohu8.com/S/STRF\">Strategy</a> held 843,706 bitcoin worth more than $60 billion based on current prices. Saylor has said the company plans to strategically sell bitcoin to cover the dividend obligations on its preferred stocks. \n</p>\n<p>\n     -- Bitcoin prices have fallen sharply after hitting a peak above $126,000 in October, fueling market anxieties that any potential bitcoin sales by the company could intensify the downward selling pressure on bitcoin. \n</p>\n<p>\n     -- Bitcoin fell 2.7% to about $71,846 Monday morning. The cryptocurrency has been stuck trading in a range and is down nearly 18% this year, while tech stocks hit repeated new records. \n</p>\n<p>\n     -- Shares of Strategy dropped 6.5% in morning trading. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 01, 2026 10:02 ET (14:02 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTF","symbol_name":"比特币&以太币期货ETF-CoinShares","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2640957457","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640957457","pubTimestamp":1780322520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Strategy, the bitcoin accumulation firm founded by Michael Saylor, said Monday that it sold 32 bitcoin last week for roughly $2.5 million, according to a regulatory filing.It was the company's first sale of the cryptocurrency since 2022. The company said it expects to use proceeds from the bitcoin sale to fund distributions on its preferred stock.Overall, Strategy held 843,706 bitcoin worth more than $60 billion based on current prices. Saylor has said the company plans to strategically sell bitcoin to cover the dividend obligations on its preferred stocks.-- Bitcoin prices have fallen sharply after hitting a peak above $126,000 in October, fueling market anxieties that any potential bitcoin sales by the company could intensify the downward selling pressure on bitcoin.-- Bitcoin fell 2.7% to about $71,846 Monday morning. The cryptocurrency has been stuck trading in a range and is down nearly 18% this year, while tech stocks hit repeated new records.-- Shares of Strategy dropped 6.5% in","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTF":"比特币&以太币期货ETF-CoinShares","09042":"华夏比特币-U","HODL":"比特币ETF-VanEck","WGMI":"比特币矿商ETF-CoinShares","BITQ":"Bitwise Crypto Industry Innovators ETF","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","09439":"嘉实比特币-U","DAPP":"VanEck Digital Transformation ETF","IMST":"MSTR期权收益策略ETF-Bitwise","BTFX":"比特币期货ETF-CoinShares","ARKB":"比特币ETF-21Shares","BTCI":"NEOS Bitcoin High Income ETF","ARKY":"ARK 21SHARES ACTIVE BITCOIN ETHEREUM STRATEGY ETF","BITU":"2倍做多比特币期货ETF-Proshares","MAXI":"比特币期货ETF-Simplify","BTGD":"STKD Bitcoin & Gold ETF","BKCH":"AdvisorShares Sabretooth ETF","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","CRPT":"First Trust SkyBridge Crypto Industry and Digital Economy ETF","BITW":"Bitwise 10 Crypto Index ETF","YBIT":"YieldMax Bitcoin Option Income ETF","BTCO":"比特币ETF-Invesco Galaxy","HECO":"SPDR Galaxy Hedged Digital Asset Ecosystem ETF","GBTC":"比特币ETF-Grayscale","MSTR":"Strategy","BITX":"2倍比特币期货ETF-Volatility Shares","09008":"博时比特币-U","BTRN":"比特币期货ETF-Global X","GDLC":"Grayscale CoinDesk Crypto 5 ETF","SBIT":"2倍做空比特币期货ETF-Proshares","BETE":"等权重比特币&以太币期货ETF-ProShares","MSBT":"Morgan Stanley Bitcoin Trust ETP","FBTC":"比特币ETF-Fidelity","BITB":"比特币ETF-Bitwise","YBTC":"比特币看涨期权ETF-Roundhill","BITC":"Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF","BETH":"比特币&以太币期货ETF-ProShares","STCE":"Schwab Crypto Thematic ETF","IBIT":"比特币ETF-iShares","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","NGHT":"Nicholas Bitcoin and Treasuries AfterDark ETF","MNRS":"GRAYSCALE BITCOIN MINERS ETF","BITI":"1倍做空比特币期货ETF-Proshares","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","NCIQ":"HASHDEX NASDAQ CRYPTO INDEX US ETF","BRRR":"比特币ETF-CoinShares"},"translate_title":"策略削减比特币持股——华尔街日报","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTCI":0.9,"SBIT":0.9,"09008":1.5,"BTF":0.9,"BKCH":0.9,"STCE":0.9,"MBTmain":0.9,"BITC":0.9,"BTRN":0.9,"MNRS":0.9,"GDLC":0.9,"BITX":0.9,"BETH":0.9,"BEGS":0.9,"YBIT":0.9,"NCIQ":0.9,"BITU":0.9,"BETE":0.9,"09439":1.5,"09042":1.5,"BITI":0.9,"BTFX":0.9,"ARKB":0.9,"CBTJ":0.9,"MAXI":0.9,"HODL":0.9,"NGHT":0.9,"MSBT":0.9,"WGMI":0.9,"DAPP":0.9,"BITQ":0.9,"LFGY":0.9,"BTCO":0.9,"IMST":0.6,"FBTC":0.9,"BTCZ":0.9,"ARKY":0.9,"BITW":0.9,"BTCL":0.9,"YBTC":0.9,"BTGD":0.9,"BITB":0.9,"CRPT":0.9,"HECO":0.9,"BRRR":0.9,"GBTC":0.9,"IBIT":1.5,"MSTR":0.9},"content_text":"By Vicky Ge Huang \n\n\nStrategy, the bitcoin accumulation firm founded by Michael Saylor, said Monday that it sold 32 bitcoin last week for roughly $2.5 million, according to a regulatory filing. \n\n\n     It was the company's first sale of the cryptocurrency since 2022. The company said it expects to use proceeds from the bitcoin sale to fund distributions on its preferred stock. \n\n\n     Overall, Strategy held 843,706 bitcoin worth more than $60 billion based on current prices. Saylor has said the company plans to strategically sell bitcoin to cover the dividend obligations on its preferred stocks. \n\n\n     -- Bitcoin prices have fallen sharply after hitting a peak above $126,000 in October, fueling market anxieties that any potential bitcoin sales by the company could intensify the downward selling pressure on bitcoin. \n\n\n     -- Bitcoin fell 2.7% to about $71,846 Monday morning. The cryptocurrency has been stuck trading in a range and is down nearly 18% this year, while tech stocks hit repeated new records. \n\n\n     -- Shares of Strategy dropped 6.5% in morning trading. \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  June 01, 2026 10:02 ET (14:02 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.4","shortVersion":"4.42.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2640957457","isCrawlerRequest":true}