Strategy Inc. (NASDAQ:MSTR) sold 32 Bitcoin
Strategy Inc. (NASDAQ:MSTR) on Thursday deposited 411 Bitcoin
Bitcoin tumbled to $72,000 Monday as news of the BTC treasury firm's about-face on its "never sell" stance broke.
Strategy's remaining holdings still account for more than 4% of the 21 million bitcoin supply cap — worth around $61 billion.
MicroStrategy sold 32 BTC (~$2.5M) for preferred stock dividends at 11.5%, first sale since 2022. Major Bitcoin holders must balance liquidity against dividend obligations; market attention is shifting toward tokenization and AI equities.
...consistently posted by Saylor in the days ahead of news of a purchase by the biggest publicly traded Bitcoin holder.
The bitcoin-hoarding firm founded by Michael Saylor sold 32 coins last week for $2.5 million to fund distributions on its preferred stock
Strategy sold 32 Bitcoin for the first time since December 2022, generating $2.5M in proceeds for preferred stock distributions.
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 sold 32 BTC for $2.5M at $77,135 to fund preferred dividends, a rare move for the firm holding 843,706 BTC.
Michael Saylor vende Bitcoin per la prima volta: Strategy liquida 32 BTC per 2,5 milioni. Scopri l'impatto sul mercato e le implicazioni future.
Michael Saylor's Strategy sold bitcoin for the second time ever as geopolitical uncertainty continues to weigh on the cryptocurrency's price.
Strategy broke its long-standing HODL streak, selling bitcoin for the first time in years.
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.
Michael Saylor broke his silence after the market learned of Strategy’s 32 BTC sale and its $2.5 million in proceeds. His focus on STRC raised fresh
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.
With Strategy breaking its accumulation streak and many peers stepping aside, the list of active digital asset treasuries has narrowed considerably.
Michael Saylor once said never sell Bitcoin. Strategy just sold 32 BTC. Here's why that may strengthen the Bitcoin treasury model.
Strategy sold 32 BTC for $2.5M to fund preferred stock dividends, marking its first Bitcoin sale since December 2022 and breaking its 'never sell' doctrine.