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 up.
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The Bitcoin treasury giant sold $216 million worth of Bitcoin to cover preferred payouts, as an $8.3 billion quarterly loss piled up.
Bitcoin Magazine Strategy (MSTR) Sells 3,588 Bitcoin to Cover Preferred Dividends Strategy sold 3,588 bitcoin for $216 million to...
Strategy's total holdings account for more than 4% of the 21 million bitcoin supply cap — worth around $52.3 billion.
The company sold 3,588 bitcoin last week to replenish its dollar reserves for dividends on its preferred stock.
Strategy sold 3,588 bitcoin for $216 million to cover dividend payments on its preferred stock, according to a Monday morning post...
Strategy's Bitcoin sale signals a shift to liquidity focus, potentially impacting market sentiment and Bitcoin's price stability....
The significant Bitcoin sale highlights the volatility and financial risks associated with digital assets, impacting corporate fin...
BlackRock's 1% to 2% Bitcoin allocation range reads as a bullish nod to advisor adoption, but it also works as a boundary. Once Bi...
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