BlockBeats reported on August 5 that Michael Saylor has continued to reduce his bitcoin holdings, based on data tracked by the on-chain monitoring account OnchainDataNerd. The monitoring data shows that in the past week, wallet addresses associated with Saylor sold around 1,638 BTC, worth approximately $102.4 million. A second sale followed, involving roughly 299.84 BTC and valued at around $18.91 million. Then, on August 5, another 1,030 BTC was sold, worth approximately $66.14 million. Combined, the three sales total nearly 2,968 BTC, with a cumulative value of around $187.45 million. Despite these recent sales, Strategy — the company formerly known as MicroStrategy — retains a position of around 842,138 BTC, valued at approximately $52.65 billion. BlockBeats flagged the figures through its flash news channel, citing OnchainDataNerd's monitoring. The transactions were spread across three separate rounds, with the final round occurring on the same day as the report. The data does not provide additional context on the reasons behind the sales.
Michael Saylor has been trimming bitcoin again, according to on-chain data tracked by OnchainDataNerd and flagged by BlockBeats on Aug. 5. The monitoring account shows that wallet addresses tied to Saylor completed three separate sales over the past week.
Last week's sale involved approximately 1,638 BTC, worth around $102.4 million. That was followed by a smaller disposal of about 299.84 BTC, valued at roughly $18.91 million. The latest transaction, captured on Aug. 5, moved another 1,030 BTC, worth close to $66.14 million. In total, the three rounds account for about 2,968 BTC, with a combined value near $187.45 million.
Strategy, the company previously called MicroStrategy, still holds about 842,138 BTC, worth approximately $52.65 billion, according to the data. BlockBeats first reported the figures on Aug. 5, citing OnchainDataNerd's monitoring. Further details about the purpose of the transfers were not disclosed.
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