Cointelegraph·
Strategy sold $216 million in Bitcoin to fund its dividend payments, as wealth manager Bernstein maintained its year-end Bitcoin price target of $150,000.
Read full articleInstitutional crypto investors received two sharply different capital allocation signals Monday as Bitmine Immersion Technologies expanded its ethereum treasury while Strategy disclosed a rare bitcoin sale to fund preferred stock dividend payments. Strategy Breaks With Its Bitcoin Accumulation Playbook Earlier in the day, Strategy announced it sold 3,588 BTC for approximately $216 million, marking its […]
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Strategy sold 3,588 Bitcoin for $216 million to cover dividends on its Digital Credit securities, the company said in a post on its official X account Monday. The firm now holds 843,775 BTC in its BTC Reserves and $2.55 billion in its USD Reserves, as of July 5, 2026. The sale is the largest…
BitMine continued its relentless accumulation of Ethereum while Bitcoin's biggest treasury firm parted ways with more of its holdings.
