Strategy (formerly MicroStrategy) disclosed the sale of 3,588 BTC for $216 million between June 29 and July 5 in an SEC Form 8-K filing — its largest Bitcoin liquidation ever and 112 times larger than the 32 BTC test sale that crashed markets in May. The company also reported an $8.32 billion unrealized Q2 loss on its Bitcoin holdings.
Strategy (formerly MicroStrategy) disclosed the sale of 3,588 BTC for $216 million between June 29 and July 5 in an SEC Form 8-K filing — its largest Bitcoin liquidation ever and 112 times larger than the 32 BTC test sale that crashed markets in May. The company also reported an $8.32 billion unrealized Q2 loss on its Bitcoin holdings.
Strategy (MSTR) announced via SEC Form 8-K on July 6, 2026, that it sold 3,588 Bitcoin for approximately $216 million during the week of June 29 to July 5. The sale represents the company's largest Bitcoin liquidation in its six-year history of accumulating the cryptocurrency, and marks a dramatic escalation from the 32 BTC test sale in late May that triggered a 21% market crash.
Key metrics from the filing:
The market reaction was notably different from May. When Strategy sold 32 BTC in late May (disclosed June 1), Bitcoin plummeted from $74,000 to below $58,000 — a 21% crash. This time, a sale 112 times larger produced only a 1% dip before Bitcoin recovered above $62,000 within hours.
Fortune reports that Strategy's holdings represent roughly 4% of Bitcoin's total supply, purchased at an average price of $75,476 per coin — 18% above current prices. CoinDesk analysis notes that Strategy purchased 3,657 BTC at higher prices just before selling 3,588 at lower prices, leaving a net position increase of just 69 BTC despite deploying roughly $20 million.
STRC (Stretch) preferred stock rose 2.1% to $89 on the news, rebounding from last week's low below $75, as the sale demonstrated Strategy's commitment to protecting preferred dividends. The stock still trades below its $100 peg.
Securitize (NYSE: SECZ, ~$5B AUM) launched Securitize Stocks today at 13:00 UTC: 12 tokenized US mega-caps — including Apple, Microsoft, Nvidia, Tesla, Circle, Strategy and Palantir — each backed 1:1 by a real share, settling in USDC on Solana with Jump Trading running the proprietary AMM and clearing firm RQD* handling custody and settlement. It is the first product live under the SEC's five-year Innovation Exemption for onchain stock trading, granted September 17.
Anthropic's much-anticipated IPO prospectus — reported in detail by Reuters and the Financial Times — pursues a $2 trillion valuation while disclosing a $42 billion net loss for 2025 and plans to spend $518 billion on cloud, computing, and infrastructure in the coming year. Roughly 80 of the filing's 261 main-body pages cover risk factors, including that advanced AI could pose 'catastrophic or existential risks to humanity,' versus 48 pages describing the business. Nvidia separately disclosed that Anthropic has more than $180 billion in contracted compute commitments — 2.5GW of Nvidia infrastructure shipping through 2028.
Nvidia's board authorized an additional $150 billion in share repurchases on Monday — which the company says is the largest single authorization increase ever announced by a public company — lifting total remaining buyback capacity to $235 billion, expected to be spent through fiscal 2028. NVDA rose 2.8% to a $5.42 trillion market cap as Jensen Huang called AI 'a once-in-a-generation platform shift.'