BUSINESSBITCOIN MAGAZINE
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.
Mentioned
Related Signal
Adjacent reporting
- Strategy (MSTR) Sells $263.5 Million in MSTR Shares, Skips Bitcoin Purchase as USD Reserve Tops $3.2 Billion
- Strategy (MSTR) Sells 3,588 Bitcoin to Cover Preferred Dividends
- Strategy sells $263.5 million in MSTR shares, buys no bitcoin as USD reserve tops $3.2 billion
- Strategy sells $467 million in MSTR shares, makes no bitcoin purchases as USD reserve hits $3 billion