MicroStrategy Reportedly Sells 491 BTC, Market Unfazed

Unconfirmed on-chain data suggests that MicroStrategy, now operating under the brand Strategy, sold 491 Bitcoin on July 1. The transaction was flagged by blockchain monitors but has not been officially confirmed by the company.

According to a report from BeInCrypto, the sale did not trigger any notable price movement in Bitcoin. The cryptocurrency continued trading in a narrow range, indicating that the market largely dismissed the rumor or considered it inconsequential.

MicroStrategy remains one of the largest corporate holders of Bitcoin, with over 200,000 BTC in its treasury. The company has previously stated its intention to hold Bitcoin long-term, making any partial sales noteworthy.

Bitcoin price showed little change following the report, continuing to trade in its recent range. Traders appeared to view the unconfirmed sale as a routine treasury management move rather than a shift in strategy.