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The Nexus
BUSINESSJul 6 · 17:43 UTCMARKETWATCHTomi Kilgore

Strategy is losing a lot of money on bitcoin. Here’s why it’s selling anyway.

Strategy sold over 3,000 bitcoins to raise cash for paying dividends on its preferred stock, despite Executive Chair Michael Saylor previously stating the company did not need to take this action.

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StrategyorganizationMichael SaylorpersonBitcointopicpreferred stocktopic
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