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.

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

Michael Saylor's Strategy sold bitcoin for the second time ever as geopolitical uncertainty continues to weigh on the cryptocurrency's price.

...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.

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

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.

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

For years, Saylor's company has had one strategy: buy bitcoin and don't sell it.

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…

Strategy sold 32 BTC for $2.5M, its first Bitcoin sale since 2022. The move triggered a 5.85% stock drop, a 2% Bitcoin decline, and Polymarket disputes.

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