BUSINESSCOINTELEGRAPH
Strategy sells 3,588 Bitcoin for $216M to fund dividends, keeps $2.55B reserve intact
Strategy sold 3,588 Bitcoin worth $216 million to fund dividend payments while retaining a $2.55 billion Bitcoin reserve. Wealth manager Bernstein maintained its year-end Bitcoin price target of $150,000.
Mentioned
Related Signal
Adjacent reporting
- Strategy (MSTR) Sells 3,588 Bitcoin to Cover Preferred Dividends
- Bitcoin tops $81,000 as Strategy mulls selling its BTC to fund dividend obligations
- Berkshire Hathaway’s Cash Pile Surges to Record $397 Billion
- Strategy (MSTR) Sells Bitcoin for First Time in Years as Bitcoin Price Tumbles
- Strategy Buys 3,273 Bitcoin for $255M, Total Holdings Hit 818,334 BTC
- Strategy sells 3,588 BTC for $216 million, with total bitcoin holdings still underwater