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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a formal shift to its treasury strategy, MicroStrategy has announced the sale of 3,588 bitcoins for approximately $216 million. This transaction was executed under the firm's newly confirmed 'BTC Monetization Program,' marking the first structured departure from the absolute accumulation policy championed by Michael Saylor for years. According to reports, this move is designed to provide financial flexibility in liquidity management while maintaining the firm's status as the largest corporate holder of digital assets.
The move drew sharp criticism from economist Peter Schiff, who warned that the company's massive total holdings of 840,000 bitcoins could face significant realized losses under this new selling framework. Compared to other industry peers, MicroStrategy's treasury remains the largest globally, dwarfing the holdings of firms like Tesla or Marathon Digital. Per market data, MicroStrategy shares (0A7O.L) closed at $101.53 on July 2, 2026, as investors weigh the implications of the firm's evolving crypto-leverage model.
Traders should watch for technical support at the $99.85 level, the low reached at the July 2, 2026 close, to gauge market absorption of the monetization program. While the economic calendar shows no major crypto-specific catalysts in the coming seven days, further disclosures regarding the pace of sales under the new program will be the primary driver for both the stock and the underlying digital asset.