Strategy Sells $105M in Bitcoin as Dollar Reserve Hits $4B

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Strategy sold 1,638 BTC for $104.7 million in the week ending August 2, reducing its stack to 842,138 BTC. Half the proceeds funded preferred dividends and the other half an $81.2 million STRC share buyback. The company has not bought Bitcoin since June. Its dollar reserve hit $4 billion after selling 3,011,361 MSTR shares for $290.6 million net.

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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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