Strategy’s $30M Bitcoin transfer sparks sale rumors
6.7 Investments Strategy moved 411.48 BTC ($30.3M) to Coinbase Prime, fueling speculation of a sale. Prediction markets see an 84% chance of a sale by end-2026, but no sale is confirmed.
Strategy, the largest corporate holder of Bitcoin, transferred 411.48 BTC (worth approximately $30.3 million) to Coinbase Prime on May 29. This is the company’s first direct transfer to an exchange in nearly two years, sparking widespread speculation in the crypto market about a potential asset sale. While such transfers can be routine for purposes like custody or collateral, the timing—amid financial pressures and recent comments from company leadership about possibly realizing partial profits—has drawn increased attention. Prediction markets, including Polymarket, now assign an 84% probability that Strategy will sell some Bitcoin before the end of 2026, with significant trading volume reflecting market anxiety. Despite the heightened volatility and scrutiny, no actual sale has been confirmed. Company representatives have reiterated their intention to continue increasing Bitcoin per share, leaving traders and analysts closely monitoring wallet activity for further developments.
