Strategy's stock fell over 4% in pre-market trading

According to data from MSX.COM, Strategy's stock fell over 4% in pre-market trading, after the company stated it sold 3,588 Bitcoin last week, incurring a digital asset impairment loss of $8.32 billion in the second quarter.

Previously, both Bitcoin and Strategy's own stock price had experienced a prolonged decline. This transaction marks the largest Bitcoin sale by the company since it began accumulating holdings in 2020 and is only its third sale in history. Meanwhile, a filing released on Monday stated that Strategy recorded an $8.32 billion digital asset impairment loss for the three months ending June 30.