strategy

Strategy sold 32 BTC (about $2.5 million) primarily to fund preferred stock dividend payments and manage treasury operations, not because it is abandoning its Bitcoin strategy. The sale represents just 0.004% of its 843,706 BTC holdings and is the company’s first Bitcoin sale since its 2022 tax-loss transaction. Strategy simultaneously raised $128.3 million through share

Strategy, the company led by Michael Saylor, has sold 32 Bitcoins for approximately $2.5 million, according to a recent SEC filing. The transaction was completed between May 26 and May 31 at an average price of $77,135 per BTC, marking the company’s first Bitcoin sale since its 2022 tax-loss harvesting trade. This ends the Saylor

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.

Please enable JS and disable any ad blocker

Strategy (MSTR) bounced 6.31% from its recent low after a bullish RSI divergence flashed on the 4-hour chart, even as the company broke a 13-week Bitcoin buying streak that had defined its treasury playbook. The bounce mirrors three prior divergence-driven rallies since December, but each one has been progressively smaller...

Opinions expressed by Entrepreneur contributors are their own. I remember sitting on the floor of our condo, surrounded by boxes, writing notes to people I had never met. We had just shipped some of our first orders. No systems. No automation. No playbook. Just a belief that if someone trusted us enough to try what

Michael Saylor’s Strategy has halted its weekly bitcoin purchases for the first time in over a year, maintaining total holdings at 762,099 BTC. The company didn’t disclose an SEC filing this week. That means it made no bitcoin acquisitions between March 23 and March 29, snapping a 13-week buying streak that added more than 90,000

Vercel Security Checkpoint | cle1::1778854961-xAr808aYVG7VSGAHOT7X9JXLG0F6rwnC