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

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.

Markets hated Strategy's $2.5 million bitcoin sale in May. This is 86 times bigger.

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

First, it was a tiny amount of bitcoin sales, then it was the purchase of several thousand BTC, and finally, today, the unloading of thousands of BTC. What's happening at Strategy?

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%.

Peter Schiff argues Strategy has shifted from aggressively accumulating Bitcoin to monetizing its holdings, citing the recent sale of 3,588 BTC to fund dividends, debt repayments…

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…