MicroStrategy sells 32 Bitcoin in test, confirms treasury function

MicroStrategy, the firm led by CEO Phong Le, sold 32 Bitcoin between May 26 and May 31, 2026, for roughly $2.5 million at an average price of $77,135 per coin. The transaction represented about 0.004 % of the company's total holdings and was described by Le as a controlled "systems test" to verify that its internal processes for Bitcoin sales work properly. He summed up the outcome with the comment, "Everything works."

The sale follows the company's recent buying activity, which left its Bitcoin stash at around 843,706‑845,256 coins, with a long‑term target of one million BTC. Analysts note that while the sale is minuscule relative to the holdings, it signals a shift in MicroStrategy’s liquidity management amid higher interest rates and tighter market conditions. The move is seen as a tactical adjustment rather than a reversal of its long‑term accumulation strategy.