CoinDesk reported that market experts have mixed interpretations regarding Strategy (MSTR), the largest publicly traded holder of Bitcoin (BTC), selling 32 BTC last week.

Previously, from May 26 to 31 (local time), Strategy sold 32 BTC at an average price of $77,135, securing approximately $2.5 million. The funds are scheduled to be used to pay dividends on the preferred stock STRC. The scale of this sale amounts to merely about 0.004% of Strategy's total holdings (843,700 BTC).

Regarding this sale, Lance Vitanza of TD Cowen evaluated, "The size of Strategy's BTC sale this time is negligible compared to its total holdings, and it is difficult to see this as a change in Strategy's long-term Bitcoin accumulation trend." Mark Palmer, an analyst at Benchmark, also forecasted, "It is highly unlikely that Strategy will use BTC sales as a primary means to secure dividend funds. The trend of raising capital through stock issuances will continue in the future."

On the other hand, Mark Connors, Chief Investment Officer (CIO) at Risk Dimensions, analyzed, "This sale demonstrates that Strategy may prioritize the stability of its capital structure over its previous stance of never selling Bitcoin."