Strategy sells 3,588 BTC for $216 million, with total bitcoin holdings still underwater
Covered by 5 sources · 5 articles
5 outlets - including Coinedition, Coin-turk and Theblock and 2 more - are covering this story. Strategy has sold 3,588 Bitcoins for $216 million to fund dividends on its Digital Credit securities. The asset management firm disclosed this in its latest official post on X, noting that it held 843,755 BTC and $2.55 billion in USD reserv…
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Strategy Sells 3,588 BTC for $216 Million to Funds Dividends
Strategy has sold 3,588 Bitcoins for $216 million to fund dividends on its Digital Credit securities. The asset management firm disclosed this in its latest official post on X, noting that it held 843,755 BTC and $2.55 billion in USD reserv…
Strategy sold 3,588 Bitcoin for $216 million to fund dividend payments, holdings drop to 843,775 BTC
🚨 Strategy sold 3,588 $BTC for $216 million to fund dividends. 🟠 This sale reduced Strategy’s total Bitcoin holdings to 843,775 BTC. 💰 The company’s dollar reserves remain at $2.55 billion, and STRC preferred share dividends were raised…
Strategy sells 3,588 BTC for $216 million, with total bitcoin holdings still underwater
Strategy's total holdings account for more than 4% of the 21 million bitcoin supply cap — worth around $52.3 billion.
Strategy Sells 3,588 Bitcoin for $216 Million to Cover Dividend Payments
Strategy sold 3,588 bitcoin for $216 million to cover dividend payments on its preferred stock, according to a Monday morning post from co-founder Michael Saylor. The sale brings Strategy’s bitcoin reserve down to 843,775 BTC as of July 5,…
Strategy sells Bitcoin for the first time, reducing holdings by 3,588 BTC to 843,775 BTC
Strategy sold 3,588 BTC in two transactions, reducing its holdings to 843,775 BTC as its enterprise value fell below the market value of its Bitcoin. The post Strategy sells Bitcoin for the first time, reducing holdings by 3,588 BTC to 843,…