Strategy Sells 1,638 Bitcoin for $105M, Splits Proceeds Between Dividends and STRC Buyback

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Strategy sold 1,638 bitcoin for $104.73 million between July 27 and Aug. 2, at an average price of $63,957 per coin net of fees. Of this amount, $52.4 million was allocated to paying dividends on preferred stock and $52.3 million to repurchasing STRC shares under the Digital Credit Securities Repurchase Program. The sale price was approximately 15% below the $75,419 average cost of the bitcoin still held. After this transaction, the company holds 842,138 bitcoin acquired for a total of $63.51 billion.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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