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The Nexus
BUSINESSAug 3 · 15:17 UTCBITCOIN MAGAZINEMathew Di Salvo

Strategy Sells Bitcoin After Five Weeks Without Buying

Bitcoin Magazine Strategy sold 1,638 BTC ($104.7 million) to fund preferred stock dividends and buybacks, continuing a pattern of Bitcoin sales for cash management. The company also sold 3.01 million MSTR shares ($290.6 million) and maintains a Bitcoin treasury of 842,138 coins valued at $54 billion.

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