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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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cryptobriefing.com
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.
