Strategy-linked wallet moves 1,030 BTC again, fueling fresh sale speculation

Strategy-linked wallet moves 1,030 BTC again, fueling fresh sale speculation

N
News Editor
2026-08-05 01:50:08
A wallet linked to Bitcoin treasury company Strategy moved another 1,030 BTC about two hours before the report, according to monitoring data cited by BlockBeats from Lookonchain. The transfer was valued at roughly $66.14 million at the time of the alert. The move quickly drew attention across the market, with some investors speculating about whether Strategy founder Michael Saylor could be carrying out another round of Bitcoin sales. BlockBeats noted that Strategy had previously transferred BTC through related wallets on multiple occasions, which had already sparked discussion around the company’s asset management approach. Even so, there is still no official confirmation that the latest transfer reflects an actual sale. For now, the transaction remains a closely watched wallet movement rather than verified disposal activity.
StrategyBitcoinBTCMichael SaylorLookonchainWhale Movement

On Aug. 5, BlockBeats reported, citing monitoring by Lookonchain, that a wallet address linked to Bitcoin treasury company Strategy transferred another 1,030 BTC about two hours earlier. The transaction was valued at about $66.14 million.

The transfer drew immediate market attention. Investors began to speculate over whether Strategy founder Michael Saylor might be carrying out a new round of Bitcoin sales.

BlockBeats said Strategy had previously moved BTC through related wallets multiple times, prompting recurring discussion in the market about its asset management strategy.

At this stage, however, there is no official confirmation that the latest transfer represents an actual sale.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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