Strategy transfers 411.48 bitcoins to Coinbase Prime trading platform
5/29/2026, 10:08 AM • Богдан Семичев

The corporate Bitcoin pioneer Strategy has executed a substantial transfer of 411.48 bitcoins to the Coinbase Prime institutional trading platform. According to the latest on-chain analytical data provided by Lookonchain, the total market value of the moved cryptocurrency batch reached nearly 30.3 million dollars. This sudden transaction immediately caught the attention of market participants and sparked intense discussions regarding the tech giant's upcoming financial moves.
The unexpected transfer caused the probability of the company selling at least a fraction of its digital treasures before the end of the year to surge to 84% on the Polymarket prediction platform. This trader reaction appears entirely justified, given that during the first-quarter earnings call, Executive Chairman Michael Saylor openly stated that the firm does not rule out selling some bitcoin to satisfy its corporate dividend obligations. Nevertheless, this modest transaction looks like a drop in the ocean compared to the organization's massive buying streaks earlier this month. In early May, the firm acquired 535 coins for 43 million dollars, followed by an aggressive purchase of 24,869 bitcoins for roughly 2.01 billion dollars between May 11 and May 17 at an average price of 80,985 dollars per unit. Currently, Strategy aggregates more than 843,700 BTC in total reserves with an average portfolio entry price of approximately 75,700 dollars per coin, while Saylor keeps reassuring investors that their accumulation pace will always vastly outweigh any minor liquidations.
