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 announced it sold 3,588 Bitcoin last week, incurring a digital asset loss of $8.32 billion in the second quarter.

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