MicroStrategy Sells Bitcoin for First Time Since Late 2022

MicroStrategy sold 32 bitcoin last week to fund preferred stock dividends, marking its first confirmed sale since late 2022. The move caused a 6% drop in the company's shares and pushed bitcoin down by about 3%. Despite being symbolic of a shift from CEO Michael Saylor’s long-held stance against selling bitcoin, the financial impact was minimal given MicroStrategy's large BTC holdings.

By Alex Ioannou Tue, June 2, 2026 at 5:28 PM GMT+3 4 min read · Yahoo Finance · June 2, 2026, 14:28 UTC

Tickers: $MSTR

Topics: Bitcoin MicroStrategy preferred stock distributions stock dividends

Read the full article at Yahoo Finance

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