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Strategy sells 1,638 BTC for $104.7 million, boosts USD reserve to $4 billion

Covered by 4 sources · 4 articles

4 outlets - including Tronweekly, Invezz and Crypto and 1 more - are covering this story. Strategy reduced its Bitcoin holdings after selling 1,638 BTC for approximately $104.7 million, using the proceeds to fund preferred dividends and share repurchases. The latest transaction reflects the company’s updated capital management s…

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Strategy Reserve Falls as Company Sells 1,638 BTC for $104.7 Million
TronWeekly Aug 3, 18:00 UTC

Strategy Reserve Falls as Company Sells 1,638 BTC for $104.7 Million

Strategy reduced its Bitcoin holdings after selling 1,638 BTC for approximately $104.7 million, using the proceeds to fund preferred dividends and share repurchases. The latest transaction reflects the company’s updated capital management s…

Strategy (MSTR) stock rises as Saylor sells Bitcoin, boosts $4B USD reserve
Invezz Crypto Aug 3, 14:51 UTC

Strategy (MSTR) stock rises as Saylor sells Bitcoin, boosts $4B USD reserve

Strategy Inc. MSTR (formerly known as Microstrategy) shares gained 2% on Monday after the company disclosed fresh sales of Bitcoin and common stock as it continued executing its revamped capital strategy focused on strengthening liquidity a…

Strategy sells $104.7 million in Bitcoin to support preferred stock
Crypto.news Aug 3, 13:48 UTC

Strategy sells $104.7 million in Bitcoin to support preferred stock

Strategy has sold 1,638 Bitcoin for $104.7 million after redirecting part of the proceeds toward preferred-stock dividends and share repurchases while increasing its U.S. dollar reserve. An SEC filing submitted on Monday showed the company…

Strategy sells 1,638 BTC for $104.7 million, boosts USD reserve to $4 billion
CoinTurk News Aug 3, 13:07 UTC

Strategy sells 1,638 BTC for $104.7 million, boosts USD reserve to $4 billion

🚨 Strategy sells 1,638 $BTC for $104.7 million in its second-biggest transaction of 2024. 🟠 Proceeds split evenly between STRC dividend payments and STRC share buybacks. 🪙 Strategy increased USD reserves to $4 billion, extending its fina…