Strategy Sells $105M in Bitcoin as Dollar Reserve Hits $4B
Covered by 3 sources · 4 articles
3 outlets - including Yahoo, Decrypt and Cryptotimes - are covering this story. Half the proceeds funded preferred dividends and half went into an $81 million STRC buyback, its second in as many weeks.
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Strategy Sells $105M in Bitcoin, Lifts Dollar Reserve to $4B
Strategy Sells $105M in Bitcoin as Dollar Reserve Hits $4B
Strategy Sells $105M in Bitcoin as Dollar Reserve Hits $4B
Half the proceeds funded preferred dividends and half went into an $81 million STRC buyback, its second in as many weeks.
Strategy Sells 1,638 BTC as USD Reserve Hits $4B & STRC Buyback Doubles to $81M
Strategy sold 1,638 BTC for $104.7 million at a 15% loss, used the proceeds to fund STRC dividends and buybacks, while issuing 3 million new MSTR shares to strengthen its $4 billion cash reserve.