Strategy sells Bitcoin for the first time since 2022 to fund dividend payments
Covered by 3 sources · 3 articles
3 outlets - including Coinotag, Tronweekly and Cryptobriefing - are covering this story. Bitcoin News Bitcoin (BTC) slid from roughly $64,000 to near $62,000 at the start of the week, and our reading of the order flow shows the move was driven by a rapid reversal in leveraged futures p...
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Strategy Sells 3,588 Bitcoin for $216 Million to Fund Dividend Payments
Bitcoin News Bitcoin (BTC) slid from roughly $64,000 to near $62,000 at the start of the week, and our reading of the order flow shows the move was driven by a rapid reversal in leveraged futures p...
Strategy Sells 3,588 Bitcoin Worth $216M to Fund Digital Credit Dividend Payments
Strategy sold 3,588 BTC for approximately $216 million to fund preferred stock dividend payments under its newly approved Digital Credit Capital Framework. Despite the transaction, the company retains 843,775 Bitcoin, signaling that its lon…
Strategy sells Bitcoin for the first time since 2022 to fund dividend payments
Strategy's Bitcoin sale highlights the potential vulnerability of relying on volatile assets for dividend funding, impacting investor confidence. The post Strategy sells Bitcoin for the first time since 2022 to fund dividend payments appear…