Strategy Sells $216M in BTC to Fund Preferred Dividends

Strategy sold 3,588 BTC on July 6, raising $216 million for preferred stock dividend payments and cash reserves. The sale lifted Strategy's US dollar holdings to $2.55 billion, covering approximately 17 months of dividend obligations. BTC dropped 2.4% within hours before recovering to $64,400 in late trading on July 6. STRC reached $91 on July 6, its highest price in three weeks.
BTC1.71%
STRC-0.56%
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