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Strategy Sells 1,638 Bitcoin for $105M, Splits Proceeds Between Dividends and STRC Buyback

Strategy sold 1,638 bitcoin for $104.73 million between July 27 and Aug. 2, an average of $63,957 a coin net of fees, and used the money to cover preferred stock dividends and buy back its own STRC shares, according to a...

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Strategy Sells 1,638 Bitcoin for $105M, Splits Proceeds Between Dividends and STRC Buyback
Strategy sold 1,638 bitcoin for $104.73 million between July 27 and Aug. 2, an average of $63,957 a coin net of fees, and used the money to cover preferred stock dividends and buy back its own STRC shares, according to a Form 8-K filed Monday. The company said $52.4 million of the proceeds funded... Read the full story at The Defiant

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