Strategy-linked Wallet Moves 299.84 BTC Worth $18.91M

On-chain data confirms a 299.84 BTC transfer from a Strategy-associated address to a new wallet, valued at roughly $18.91M. No official comment has been issued regarding the movement.

Woofun AI reports that a wallet linked to Strategy executed a transfer of 299.84 BTC to a newly created address. The transaction value is estimated at approximately $18.91 million. The timing of this movement mirrors patterns observed in prior transfers, notably the sale of 3,588 BTC between July 1 and July 5, which totaled roughly $216 million. Strategy has not released an official statement concerning this specific on-chain activity.

Current holdings for Strategy stand at 843,775 BTC, with a cumulative acquisition cost of $63.69 billion and an average entry price of $75,476 per coin.

Additionally, the company increased its cash reserves by $525 million this month to cover preferred stock dividends and interest payments.