Strategy's recent $216 million Bitcoin sale is not a warning sign for its preferred-stock dividend model, according to Parker White.

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's Michael Saylor reveals plans to sell 0.2% of Bitcoin holdings monthly while buying back five to ten times more, redefining corporate crypto