Strategy sells 1,637 Bitcoin to fund dividends, buyback of STRC stock
Strategy's Bitcoin sale highlights its flexible financial strategy, potentially boosting STRC stock while maintaining significant BTC reserves. The post Strategy sells 1,637 Bitcoin to fund dividends, buyback of STRC sto...
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Strategy's Bitcoin sale highlights its flexible financial strategy, potentially boosting STRC stock while maintaining significant BTC reserves.
The post Strategy sells 1,637 Bitcoin to fund dividends, buyback of STRC stock appeared first on Crypto Briefing.
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Strategy sells 1,638 Bitcoin to fund dividends and STRC repurchases
Michael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund div...
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Half the proceeds funded preferred dividends and half went into an $81 million STRC buyback, its second in as many weeks.
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Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of STRC
The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock.