MicroStrategy Holds Its First Bitcoin Liquidation to Fund Preferred Stock Obligations
MicroStrategy (MSTR) sold 32 Bitcoin at $77,135 per coin in June 2026 to meet preferred stock obligations. This marks the first time since its 'never sell' policy was established that it has liquidated any of its holdings. The move could trigger a negative feedback loop as lower Bitcoin prices may force further sales.
Topics: balance sheet pressure Bitcoin MicroStrategy preferred stock stock obligations