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Strategy bitcoin sale timing throws wrench into $20 million Polymarket pool
A Polymarket pool asking whether Strategy would sell any of its bitcoin before May 31 had drawn more than $20 million in trading volume.
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decrypt.co
Michael Saylor's Bitcoin Treasury Firm Strategy Sells 32 BTC for $2.5M - Decrypt
Bitcoin tumbled to $72,000 Monday as news of the BTC treasury firm's about-face on its "never sell" stance broke.
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cryptobriefing.com
Strategy sells 32 BTC for $3M in routine treasury move
Strategy Inc. sells 32 BTC for $2.5M in a routine move. Sale by December 31, 2026 at 99% YES.
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Strategy sells Bitcoin for first time since 2022 to fund preferred stock dividends
Strategy sold 32 Bitcoin for the first time since December 2022, generating $2.5M in proceeds for preferred stock distributions.
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coindesk.com
MSTR News: Michael Saylor's Strategy sold 32 bitcoin for $2.5 million in late May
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.
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news.bitcoin.com
Strategy Sells Bitcoin for First Time Since 2022, Dumps 32 BTC to Fund Preferred Stock Dividends
Strategy sold 32 BTC for $2.5M at $77,135 to fund preferred dividends, a rare move for the firm holding 843,706 BTC.
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theblock.co
Michael Saylor's Strategy sells 32 bitcoin for $2.5 million as total holdings drop to 843,706 BTC
Strategy's remaining holdings still account for more than 4% of the 21 million bitcoin supply cap — worth around $61 billion.
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cnbc.com
Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022
Michael Saylor's Strategy sold bitcoin for the second time ever as geopolitical uncertainty continues to weigh on the cryptocurrency's price.
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bitcoinmagazine.com
Strategy (MSTR) Sells 32 Bitcoin, First BTC Sale Since 2022
Strategy broke its long-standing HODL streak, selling bitcoin for the first time in years.
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benzinga.com
Michael Saylor Sells 32 Bitcoin: What Is Going On? - Strategy (NASDAQ:MSTR)
Strategy Inc. (NASDAQ:MSTR) sold 32 Bitcoin
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thedefiant.io
Strategy Sells 32 Bitcoin for $2.5M to Fund Preferred Dividends, First Sale Since 2022 - "The Defiant"
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.
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Michael Saylor's Strategy sells $2.5 million bitcoin. Chaos ensues in a major prediction market over who gets paid
The 8-K filing by Strategy Monday disclosed sales for the period May 26 to May 31, but the disclosure was issued on June 1. Polymarket's May 31 contract is sitting at 81% Yes and…
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Strategy news: Strategy’s bitcoin sale triggers fierce debate over Michael Saylor’s true commitment
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.
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Strategy bitcoin sale timing throws wrench into $20 million Polymarket pool
A Polymarket pool asking whether Strategy would sell any of its bitcoin before May 31 had drawn more than $20 million in trading volume.
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Strategy's $2.5 million BTC sale and lessons from the first time MSTR sold in December 2022
Strategy's last sale preceded a massive buying spree, but the company and the market look very different today.
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Strategy Sold 32 Bitcoin... And That's A Good Thing.
Michael Saylor once said never sell Bitcoin. Strategy just sold 32 BTC. Here's why that may strengthen the Bitcoin treasury model.
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Strategy sells bitcoin for the first time since December 2022
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.
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Strategy's Bitcoin Sale Timing Throws $50 Million Polymarket Bet Into Dispute - Decrypt
Polymarket users are waiting for a resolution on whether Strategy's Bitcoin sale took place before the end of May—with over $50 million bet so far.
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qz.com
Strategy sells bitcoin for first time since 2022
The bitcoin-hoarding firm founded by Michael Saylor sold 32 coins last week for $2.5 million to fund distributions on its preferred stock
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cointelegraph.com
Strategy’s Bitcoin Sale Reshapes Debate Around BTC Treasury Companies
Strategy’s sale of 32 Bitcoin has prompted investors to reassess how corporate BTC treasury companies are valued, with greater focus on liquidity and capital management.
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gizmodo.com
Price of Bitcoin Drops as Michael Saylor's Strategy Sells Off Some of Its Stash
For years, Saylor's company has had one strategy: buy bitcoin and don't sell it.