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Strategy Transfers 300 BTC, Fueling Prospect of Another Bitcoin Sale


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Photo: Onchain Lens
Photo: Onchain Lens

Strategy may be preparing to sell additional Bitcoin.

Onchain Lens, an on-chain analytics platform, said on August 2 that a wallet linked to Strategy transferred 299.843 BTC to a new address. At current prices, the transfer was worth about $18.91 million.

Onchain Lens added that a similar on-chain move was detected last month before Strategy disclosed a Bitcoin sale worth about $216 million. It said this latest transfer could also precede another sale.

Strategy has yet to issue an official statement on the latest Bitcoin transfer.



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