Strategy sells 3,588 BTC to fund Digital Credit dividends
Strategy sold 3,588 BTC for $216M to fund Digital Credit dividends, leaving 843,775 BTC and $2.55B in USD reserves.
Crypto Daily·
The Bitcoin price has broken out and put on more than 10% since the bottom at the beginning of July. Can Bitcoin hold on to these gains or will the bears pull the price back down to the lows?
Read full articleStrategy sold 3,588 BTC for $216M to fund Digital Credit dividends, leaving 843,775 BTC and $2.55B in USD reserves.
The Bitcoin treasury giant sold $216 million worth of Bitcoin to cover preferred payouts, as an $8.3 billion quarterly loss piled up.
Strategy sold 3,588 bitcoin for $216 million to cover dividend payments on its preferred stock, according to a Monday morning post from co-founder Michael Saylor. The sale brings Strategy’s bitcoin reserve down to 843,775 BTC as of July 5, 2026. The company also holds $2.55 billion in cash reserves, Saylor remarked. Saylor confirmed the money […]
Strategy's Bitcoin sale signals a shift to liquidity focus, potentially impacting market sentiment and Bitcoin's price stability. The post Strategy reduces Bitcoin holdings to 843,775 BTC, plans $1B sale appeared first on Crypto Briefing.
Strategy's loss signals potential shifts in Bitcoin market dynamics, influencing investor sentiment and highlighting crypto market volatility. The post Strategy reports $8B loss on digital assets for Q2 2026 appeared first on Crypto Briefing.
Saylor hinted at another BTC move yesterday on X. However, it wasn't what many anticipated.
The significant Bitcoin sale highlights the volatility and financial risks associated with digital assets, impacting corporate financial strategies. The post Strategy sells 3,588 Bitcoin as Q2 digital asset loss hits $8.3 billion appeared first on Crypto Briefing.