Strategy sold 3,588 BTC on July 6, 2026, its largest-ever Bitcoin sale, to fund preferred-stock dividends. That single transaction marked a structural departure from the company’s absolute no-sell stance maintained since August 2020, according to Investing.com. The move raises a question that now concerns every shareholder, creditor, and copycat treasury company: can a business built entirely around holding Bitcoin actually go bankrupt? The answer is not a simple yes or no. It depends on where Bitcoin trades when $4.1 billion in convertible notes come due in 2027 and 2028, and whether Strategy can refinance without ... (full story)