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Influenced by the news that Strategy sold Bitcoin to pay dividends, STRC rebounded and broke through $90.
BlockBeats news, July 6, according to BIT (bit.com) market data, Strategy preferred stock STRC rebounded above $90, currently at $90.125, up 2.57% during the session.
Previously reported, Strategy sold 3,588 bitcoins last week, cashing out $216 million to pay dividends on its digital credit securities. As of July 5, the company's bitcoin reserves have dropped to 843,775, while holding $2.55 billion in cash reserves.