Strategy-linked wallet moves 1,030 BTC after $105M sale

A wallet identified by onchain analytics platform Lookonchain as being associated with Strategy transferred 1,030 Bitcoin worth about $66.14 million on Aug. 5. Summary A suspected Strategy wallet moved 1,030 Bitcoin, but no official sale has been confirmed yet. Strategy officially sold 1,638 Bitcoin last week, raising $104.73 million for preferred dividends and repurchases. Strategy reported 842,138 Bitcoin holdings, acquired for $63.51 billion at an average $75,419 per coin. MARA transferred 6,000 Bitcoin to Two Prime, where it already maintains managed institutional investment arrangements. MARA previously allocated 2,000 Bitcoin to Two Prime’s institutional yield strategies under a managed account. The movement came two days after Strategy officially disclosed another Bitcoin sale, increasing scrutiny of the company’s changing treasury policy. Lookonchain’s post described the addresses as wallets linked to Strategy. However, Strategy has not confirmed that the latest transfer represented a sale. Its most recent Securities and Exchange Commission filing reported holdings of 842,138 BTC as of Aug. 2. No later filing had reduced that figure when this report was prepared. Strategy t...