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Strategy (MSTR) Sells 3,588 Bitcoin to Cover Preferred Dividends

Covered by 6 sources · 8 articles

6 outlets - including Cryptopress, Cryptoadventure and Cryptobriefing and 3 more - are covering this story. Strategy's Bitcoin sale highlights the financial strain of maintaining dividend obligations, impacting market stability and investor confidence. The post Strategy sells bitcoin at a loss to cover preferred stock dividends appeared first on…

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Strategy sells bitcoin at a loss to cover preferred stock dividends
Crypto Briefing Jul 6, 18:26 UTC

Strategy sells bitcoin at a loss to cover preferred stock dividends

Strategy's Bitcoin sale highlights the financial strain of maintaining dividend obligations, impacting market stability and investor confidence.

Cryptopress Jul 6, 16:54 UTC

Strategy Sells 3,588 BTC To Fund Preferred Dividends

Strategy sold 3,588 BTC for about $216 million between June 29 and July 5, using the proceeds to fund preferred-stock dividend payments across its digital credit securities. The sale covered quarterly dividends on STRF, STRE, STRK and STRD,…

MSTR Jumps 8% After Strategy Sells Bitcoin To Fund Dividends
Cryptopress Jul 6, 14:52 UTC

MSTR Jumps 8% After Strategy Sells Bitcoin To Fund Dividends

Strategy shares rose about 8% Monday after the company disclosed that it sold 3,588 BTC for about $216 million to fund preferred-stock dividends across its digital credit securities. MSTR recently traded near $100.77, up about 7.9% on the s…

MSTR Jumps 8% After Strategy Sells Bitcoin To Fund Dividends
Crypto Adventure Jul 6, 13:09 UTC

MSTR Jumps 8% After Strategy Sells Bitcoin To Fund Dividends

Strategy shares rose about 8% Monday after the company disclosed that it sold 3,588 BTC for about $216 million to fund preferred-stock dividends across its digital credit securities. MSTR recently traded near $100.77, up about 7.9% on the s…

Strategy Sells 3,588 BTC To Fund Preferred Dividends
Crypto Adventure Jul 6, 12:55 UTC

Strategy Sells 3,588 BTC To Fund Preferred Dividends

Strategy sold 3,588 BTC for about $216 million between June 29 and July 5, using the proceeds to fund preferred-stock dividend payments across its digital credit securities. The sale covered quarterly dividends on STRF, STRE, STRK and STRD,…

Strategy Sells 3,588 Bitcoin at a Loss to Fund Preferred Dividends
CoinOtag Jul 6, 12:48 UTC

Strategy Sells 3,588 Bitcoin at a Loss to Fund Preferred Dividends

Bitcoin News Strategy, the largest corporate holder of Bitcoin (BTC), sold 3,588 BTC over the past week for roughly $216 million, marking a historic reversal for a firm long defined by its buy-and-...

CoinGape Jul 6, 12:29 UTC

Breaking: Michael Saylor’s Strategy Sells 3,588 Bitcoin To Fund STRC Dividends

Michael Saylor’s Strategy has sold Bitcoin for the second time this year, after previously revealing it may do so to fund dividend payments. The MSTR stock is down in premarket trading amid the announcement of this sale, the largest the com…

Strategy (MSTR) Sells 3,588 Bitcoin to Cover Preferred Dividends
Bitcoin Magazine Jul 6, 12:27 UTC

Strategy (MSTR) Sells 3,588 Bitcoin to Cover Preferred Dividends

Bitcoin Magazine Strategy (MSTR) Sells 3,588 Bitcoin to Cover Preferred Dividends Strategy (MSTR) sold a record 3,588 bitcoin for $216 million to fund preferred stock dividends. This post Strategy (MSTR) Sells 3,588 Bitcoin to Cover Preferr…