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Strategy Authorizes up to $1.25B of Bitcoin Sales as Saylor Formalizes Capital Pivot - "The Defiant"
Michael Saylor's Strategy said it can now sell Bitcoin to fund dividends, interest and stock buybacks, formalizing a capital pivot for the world's largest corporate holder of the cryptocurrency.
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decrypt.co
Strategy Could Sell Up to $1.25B of Bitcoin Under 'Digital Credit Capital Framework' - Decrypt
The Bitcoin treasury firm has approved a framework for "active capital management," its Chair Michael Saylor said in a statement.
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zerohedge.com
"Bitcoin Is Capital": Saylor's Strategy Says May Sell Up To $1.25 Billion Crypto To Fund Dividends
Strategy unveiled a new capital management framework that raises STRC's dividend to 12%, authorizes $2 billion in share buybacks, and permits limited bitcoin sales to fund…
