The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.

The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.

Strategy's remaining holdings still account for more than 4% of the 21 million bitcoin supply cap — worth around $61 billion.

...consistently posted by Saylor in the days ahead of news of a purchase by the biggest publicly traded Bitcoin holder.

Strategy broke its long-standing HODL streak, selling bitcoin for the first time in years.

Strategy Inc. (NASDAQ:MSTR) sold 32 Bitcoin

Strategy sold 32 BTC for $2.5M between May 26-31, earmarking proceeds for preferred-stock dividends — first sale since the 2022 tax-loss harvest.

The move suggests a greater willingness on the part of Michael Saylor and Strategy to use BTC holdings to support the capital structure, said one analyst, while others disagreed.

Michael Saylor says Strategy aims to make STRC the world's best credit instrument after the company sold bitcoin to help fund preferred stock distributions

Strategy's last sale preceded a massive buying spree, but the company and the market look very different today.

The bitcoin-hoarding firm founded by Michael Saylor sold 32 coins last week for $2.5 million to fund distributions on its preferred stock

Michael Saylor's Strategy Bitcoin (BTC USD) sale: Michael Saylor's publicly traded Strategy sells Bitcoin for the first time since 2022, raising $2.5 million to fund preferred…

A $79 million market hinges not on whether Michael Saylor's firm sold bitcoin, but on whether a sale disclosed June 1 can count toward a deadline that passed May 31.

Strategy Inc. sold 32 BTC for $2.5 million to cover preferred stock dividends, its first net Bitcoin sale since 2022, triggering a 6% drop in MSTR shares.

Strategy sold 32 BTC for $2.5M to fund STRC dividends. MSTR fell 7%, BTC dropped, and crypto X debated the precedent.