Strategy Sold $216M in Bitcoin but Still Holds 843,775 BTC as Cash Reserve Tops $2.5B

1 month ago 6

Key Takeaways:

Between 29th and 5th June, Strategy had sold 3,588 BTC worth of approximately $216 million.
The funds from the sale of preferred stock were utilized for the preferred-stock dividend and for a 10% increase in the company’s USD reserve.
Even after the sale, Strategy still owns 843,775 BTC and retains the full assets of its $1.25 billion BTC Monetization Program.

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