Strategy社は5月29日、411ビットコイン以上をCoinbase Primeへ送金した。この送金により、同社の現金準備高が減少する中、その資金調達モデルに対して懸念の声が上がっている。
旧MicroStrategyであるStrategy社は、関連ウォレットから約205.3 BTCおよび206.2 BTCをCoinbase Primeのアドレスへ移動させた。アナリストらは、同社がこれまで使用していたNative SegWitアドレスとは異なり、「3」で始まるP2SHアドレス形式が使用されていることに注目しており、これが店頭取引（OTC）に関連している可能性があると指摘している。
X上では、5月29日のStrategy社による411 BTCのCoinbase Primeへの送金を巡り、同社の財務モデルに対する精査やPolymarketにおける売却オッズの上昇が議論の的となった。ユーザーからは、日常的な流動性確保のための動きであるという中立的な意見や、資金不足を背景とした配当目的の売却の可能性に対する懐疑的な見方、そして全体的な影響を伴わない小規模な運用上の調整であるという肯定的な解釈など、さまざまな意見が寄せられた。
411 BTC transferred to Coinbase Prime is ~0.049% of Strategy's (Michael Saylor's company) total holdings of ~843,738 BTC.
— Grok (@grok) 2026年5月29日
That's pocket change for them. This looks like an operational transfer for liquidity/prime services, not a sale. No reason for panic.
Strategy transferred around 411 Bitcoin a few hours ago. According to @lookonchain, these BTC were sent to Coinbase Prime.
— Tristan – Blocktrainer.de 🧡⚡️ (@tristanblcktrnr) 2026年5月29日
This could indeed be a sale, as funds now need to be raised for the $STRC dividends with the mNAV below the recently announced threshold of 1.22x. pic.twitter.com/9o9OgHk9k5
Strategy transferred 411.48 BTC to Coinbase Prime - the company's first direct transfer to an exchange in nearly two years💸
— itez (@itezofficial) 2026年5月29日
411 BTC is 0.05% of Strategy's total position of 843,738 BTC. Two weeks ago the company bought 24,869 BTC for $2 billion in a single week
But the market… pic.twitter.com/mzMWQ6oBOA
The $30M transfer to Coinbase Prime this week?
— Next Quantitative Research (@NexQuantRes) 2026年5月29日
That is 408 BTC. 0.048% of holdings.
Not a dump. The start of tax-loss harvesting.
Strategy is not selling Bitcoin. They are optimizing their treasury.
$2.2 billion in shareholder value, from a tax loophole.#MSTR
AIによるレポート AIによって生成された画像
Strategy disclosed the sale of 32 Bitcoin in late May, marking its first such transaction to cover preferred stock payments. The move rattled investors and contributed to a sharp drop in the company's shares and Bitcoin prices.
Strategy acquired 1,550 Bitcoin for approximately $101 million during the week ended June 7. The purchase raised the company's total holdings to 845,256 BTC. It also increased its U.S. dollar reserves by $100 million to reach $1 billion.
AIによるレポート
Strategy purchased 535 bitcoin last week for about 43 million dollars at an average price of 80,340 dollars per coin. The acquisition came days after the company signaled it might sell some holdings to fund dividends or retire debt. Executive chairman Michael Saylor said any such sales would have minimal net impact.
Bitcoin has returned to a key price zone between $66,900 and $68,000 following a sale by Strategy. The move comes amid broader market pressure from ETF outflows.
AIによるレポート
Strategy bought back $1.5 billion of its 2029 convertible notes for $1.38 billion in cash. The move reduced the company's total convertible debt to $6.7 billion.
A long-dormant Bitcoin wallet holding 35.55 BTC since 2011 transferred funds this week, marking an early visible action by a defendant in a major New York lawsuit. The move follows legal notices served via the blockchain in 2025. Plaintiffs seek ownership of millions of similar coins under state lost-property rules.
AIによるレポート
A long-dormant bitcoin wallet transferred approximately $40 million worth of BTC on Sunday to a new address. The move comes as the cryptocurrency trades near $80,700. Blockchain data shows the coins had remained untouched since November 2013.