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 843,77...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Bitcoin is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
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Cross-source coverage
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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...
Related market context
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Strategy Boosts USD Reserve to $3.75B After $525M Raise While Holding 843,775 BTC
Key Takeaways: The company raised its USD funds balance by $525 million or $3.75 billion, as high as ever before and it is the big...
Strategy Opens the Door to Bitcoin Sales—Michael Saylor Explains Why It Makes Sense
Strategy expects future bitcoin sales to help finance preferred stock repurchases, extending a funding strategy the company has al...
Strategy extends bitcoin pause to five weeks, sells $544.5 million in MSTR as USD reserve hits $3.75 billion
Strategy bought no bitcoin for a fifth straight week, while raising its USD reserve to $3.75 billion and selling $544.5M in MSTR.