Strategy sells BTC again, this time it's not just testing the waters. The company sold 3,588 BTC, cashing out approximately $216 million, primarily to pay preferred stock dividends and replenish USD reserves. With the annual fixed interest pressure of over $1.7 billion looming, Strategy has shifted from a 'buy-only' Bitcoin hoarding machine to a cash flow-first defensive mode. What the market will watch next is whether it can find revenue streams beyond selling BTC.