The Bitcoin treasury giant sold $216 million worth of Bitcoin to cover preferred payouts, as an $8.3 billion quarterly loss piled up.

The Bitcoin treasury giant sold $216 million worth of Bitcoin to cover preferred payouts, as an $8.3 billion quarterly loss piled up.

Strategy reduced its Bitcoin holdings after selling 3,588 Bitcoin for total net proceeds of approximately $216 million.

Strategy sold 3,588 BTC for $216 million to fund dividends. The firm now holds 843,775 BTC and $2.55 billion in cash.

The company sold 3,588 bitcoin last week to replenish its dollar reserves for dividends on its preferred stock.

Strategy (MSTR) sold a record 3,588 bitcoin for $216 million to fund preferred stock dividends.

Strategy's total holdings account for more than 4% of the 21 million bitcoin supply cap — worth around $52.3 billion.

Strategy sold 32 Bitcoin for $2.5 million to fund preferred stock dividends, marking its first BTC sale since 2022 and authorizing up to $1.25B in future

Strategy shares are in focus Monday after it disclosed an $8.32 billion digital asset loss in Q2 and fresh Bitcoin sales to fund dividends.

Strategy sells 3,588 Bitcoin for $216M to fund preferred dividends, its largest sale ever, locking in $54M in realized losses at $60K.

Strategy sold 3,588 Bitcoin for $216 million to cover dividends on its Digital Credit securities, the company said in a post on its official X account…

Strategy Inc. reports up to $14.5 billion in Q1 losses and sells Bitcoin for the first time since 2022 as its 843,706 BTC treasury faces a bear market.

Strategy sold 32 Bitcoin for $2.5M to fund preferred stock dividends, posting $8.32B in unrealized losses and sending MSTR shares down over 8%.

Strategy sold 3,558 BTC for $216 million to fund STRC dividends, breaking its never-sell stance as it pursues an investment-grade credit rating upgrade.

Bitcoin dips but recovers after Strategy dumps 3,888 BTC. Bitcoin's realized profit and loss ratio falls to a 43-month low of -0.35, a figure that signals a market bottom says…