Strategy Sells 3,588 Bitcoin for $216M to Fund Dividend Payments
Strategy sold 3,588 Bitcoin for roughly $216 million between June 29 and July 5, using the proceeds to pay dividends on its preferred stock and replenish its cash reserve, according to a Form 8-K filed with the U.S. Secu...
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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 Bernstei...
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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 around $52.3 billion.