Strategy hints at Bitcoin's next move after 1030 BTC transfers

Michael Siler tweeted again on Sunday, attracting attention to Bitcoin positions.

On August 9 (Sunday), Michael Siler posted a two-word tweet on the X platform."Doing business" once again put Strategy's Bitcoin activities in the spotlight.

Highlights

·The document shows that Strategy sold 1638 bitcoins for US$104.73 million between July 27 and August 2.
·Thaler's "Doing business" tweet on Sunday did not specify whether Strategy bought, sold or transferred Bitcoin.
· Lookonchain linked a transfer of 1030 bitcoins to Strategy, but there are no company documents confirming the sale.
· Strategy's current position is still 842138 bitcoins, with a total purchase cost of US$63.51 billion, and an average cost of US$75419 per bitcoin.
· STRC closed at around $94.60 last Friday, still below Strategy management's current $100 target.

The company's executive chairman did not disclose whether the news referred to buying bitcoin, selling more bitcoin, raising funds or other financial operations. As of Sunday, Strategy's public bitcoin ledger still showed 842138 bitcoins, meaning no additional dispositions have been confirmed since the filing was filed on August 3.

The timing sparked market speculation as Strategy confirmed a $104.73 million bitcoin sale last Monday, and two days later a company-linked wallet transferred another 1030 bitcoins. However, the second transfer is still only an on-chain transfer. Neither Strategy nor subsequent filings with the U.S. Securities and Exchange Commission confirmed that the bitcoins had been sold.

Strategy's latest confirmed action is to sell 1638 bitcoins.

Strategy's filing with the SEC on August 3 showed that the company sold 1638 bitcoins at an average price of $63957 per coin between July 27 and August 2, earning $104.73 million after deducting fees. Of this, US$52.4 million was used for preferred stock dividends and US$52.3 million was used to repurchase STRC preferred shares.

After the transaction was completed, Strategy reported holding 842138 bitcoins at a total cost of US$63.51 billion, with an average cost of US$75419 per coin. Its official Bitcoin ledger recorded four negative Bitcoin entries in 2026:32 reported on June 1, 1363 on June 30, 2225 on July 6, and the most recent 1638. These entries total 5258 bitcoins.

As crypto.news reports, the latest sale comes with another source of funding. During the same reporting period, Strategy sold 3.01 million shares of MSTR stock for $290.6 million. Of this,$250 million went into its dollar reserves,$28.9 million was used for additional STRC repurchases, and $11.7 million was replenished as cash.

This combination is crucial when assessing Siler's latest tweets. Strategy now has several ways to raise or deploy capital, so a vague tweet from Sylar does not automatically mean that the company bought or sold Bitcoin.

On August 5, Lookonchain identified that the wallet associated with it had transferred 1030 bitcoins, valued at approximately US$66.14 million at the time. The analyst itself characterized the deal as a question, asking whether Strategy would "sell BTC again." No official company disclosure confirmed this explanation.

Bitcoin can be transferred between custodians, internal addresses, trading accounts or settlement wallets without changing ownership. Strategy's public ledger still showed 842138 bitcoins after the transfer, while the SEC filing on August 3 only covered activity as of August 2.

Therefore, the next company update may clarify whether the transfer of 1030 bitcoins represents another disposal. Until then, describing it as a confirmed sale would exceed the scope of available evidence.

This difference is particularly important because Strategy has officially changed the way it manages Bitcoin. The company was once focused on accumulation, but its board of directors now allows bitcoin monetization for specific corporate purposes.

STRC repurchase provides reason why Strategy may sell more bitcoin

Strategy's second-quarter disclosure revealed that its Bitcoin monetization program allows the sale of Bitcoin to fund its U.S. dollar reserves, preferred stock dividends, interest obligations, and approved repurchases of MSTR or its digital credit securities. The authorization allows up to $1.25 billion in bitcoin to be sold specifically to build reserves, in addition to other licensed purposes.

Management pays special attention to STRC. CEO Phong Le said the company's goal is to have preferred stock trading prices between $99 and $100, and Strategy intends to repurchase "in a regular and disciplined manner" when the STRC falls below $100.

According to Strategy's own STRC information page, the STRC was still around $94.60 after last Friday's trading session. The Aug. 3 filing also showed that Strategy repurchased 912143 STRC shares for $81.2 million the previous week, and still has $893.8 million available under its preferred securities repurchase authority.

Still, another Bitcoin sale is not needed to fund these repurchases. Strategy had $4 billion in U.S. dollar reserves in early August and could still raise funds through its market-to-market equity plan. These alternative sources of funding leave any forecast of the next financial operation full of uncertainty.

Monday's disclosure may answer questions about the Bitcoin sale.

Due to Siler's posting on Sunday, U.S. stocks have not yet had a chance to directly respond to the news. MSTR closed at US$100.01 in the latest trading session, while Bitcoin traded at approximately US$65183 on Sunday.

That also means Monday's company disclosures are more important than speculation on social media. Strategy said its website dashboard is one of its Regulation FD information disclosure channels and regularly reports Bitcoin transactions through SEC filings and public ledgers.

Strategy's recent disposal marks the company's shift to proactive financial management to balance Bitcoin holdings, preferred stock dividends, cash reserves and STRC support. The change doesn't mean Strategy is abandoning Bitcoin accumulation, but it does mean that Siler's traditional Sunday post can no longer be automatically interpreted as a preview of another buy.

For now,"Doing business" is still just a warning, not evidence of a transaction. The clearest confirmation will come from a new SEC filing or Strategy ledger update showing whether its balance of 842138 bitcoins has changed after August 2. Until such disclosures occur, the 1030 reported bitcoin transfers should be classified as unconfirmed transfers rather than another sale by Strategy.