Strategy sells another 1,690 Bitcoin as USD reserve hits $4.65 billion
Covered by 4 sources · 4 articles
4 outlets - including Cryptoadventure, Crypto-economy and Theblock and 1 more - are covering this story. Strategy sold another 1,690 BTC for $108.6 million between August 3 and August 9, extending its Bitcoin sales into a second consecutive week and reducing its treasury to 840,447 BTC. The 1,690 BTC were sold at an average price of $64,262, n…
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Strategy Sells Another 1,690 BTC As USD Reserve Climbs To $4.65B
Strategy sold another 1,690 BTC for $108.6 million between August 3 and August 9, extending its Bitcoin sales into a second consecutive week and reducing its treasury to 840,447 BTC. The 1,690 BTC were sold at an average price of $64,262, n…
Strategy Sells 1,690 BTC, Lifts USD Reserve to $4.65B
TL;DR Strategy sold 1,690 BTC for about $108.6 million at an average price of $64,262, while raising $653.1 million through MSTR share sales. The company directed $650 million into its U.S. dollar reserve, lifting the balance to $4.65 billi…
Michael Saylor’s Strategy sells another 1,690 BTC as USD reserve hits $4.65 billion
Strategy's total holdings account for roughly 4% of the 21 million bitcoin supply cap — worth roughly $55 billion.
Strategy sells another 1,690 Bitcoin as USD reserve hits $4.65 billion
The sale reflects a strategic shift towards strengthening equity positions, potentially impacting market perceptions of Bitcoin's stability. The post Strategy sells another 1,690 Bitcoin as USD reserve hits $4.65 billion appeared first on C…