Strategy sells 1,637 Bitcoin to fund dividends, buyback of STRC stock
Covered by 4 sources · 4 articles
4 outlets - including Thecoinrepublic, Yahoo and Cointelegraph and 1 more - are covering this story. Key Insights Strategy sold 1,638 Bitcoin for $104.7 million during the week ending August 2. The company used the proceeds for preferred dividends and STRC stock repurchases. The sale occurred at an average price of $63,957 per coin. After…
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Strategy Sells 1,638 Bitcoin to Fund STRC Stock and Dividends
Key Insights Strategy sold 1,638 Bitcoin for $104.7 million during the week ending August 2. The company used the proceeds for preferred dividends and STRC stock repurchases. The sale occurred at an average price of $63,957 per coin. After…
Strategy sells $105M in bitcoin to fund preferred dividends
Strategy sells 1,638 Bitcoin to fund dividends and STRC repurchases
Michael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock.
Strategy sells 1,637 Bitcoin to fund dividends, buyback of STRC stock
Strategy's Bitcoin sale highlights its flexible financial strategy, potentially boosting STRC stock while maintaining significant BTC reserves.