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...
Watchlist
Published in the last two hours. The story has cross-source confirmation.
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
Read on Bitcoin NewsSame story, other sources
Cross-source coverage
2 sources
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
Strategy (MSTR) Sells 3,588 Bitcoin to Cover Preferred Dividends
Bitcoin Magazine Strategy (MSTR) Sells 3,588 Bitcoin to Cover Preferred Dividends Strategy sold 3,588 bitcoin for $216 million to...
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 inves...
Bitcoin Price Prediction: Saylor’s Strategy is a Risk to Bitcoin, According to JP Morgan
JPMorgan has flagged a structural risk most Bitcoin price prediction bulls haven’t priced in: the same entity driving the most agg...
Strategy sells 3,588 Bitcoin for $216M to fund dividends, keeps $2.55B reserve intact
Strategy sold $216 million in Bitcoin to fund its dividend payments, as wealth manager Bernstein maintained its year-end Bitcoin p...
JP Morgan Warns of New Bitcoin Sell Pressure From Strategy While XRP AI Transactions Approach 1 Million
Although the two developments are unrelated, they illustrate how Bitcoin’s institutional investment narrative and XRP’s expanding...
Strategy Sells $216M in Bitcoin for Dividends Under 'BTC Monetization Program'
The Bitcoin treasury giant sold $216 million worth of Bitcoin to cover preferred payouts, as an $8.3 billion quarterly loss piled...