VanEck says Strategy’s $135M BTC sale left $1.25B plan intact
The post VanEck says Strategy’s $135M BTC sale left $1.25B plan intact appeared on BitcoinEthereumNews.com. Strategy’s latest Bitcoin sale may not have reduced the company’s $1.25 billion BTC Monetization Program. Summary Strategy’s July Bitcoin sale may not reduce the $1.25B program, leaving market assumptions under review. The latest 8-K says full monetization capacity remained available after July 5, despite Bitcoin sales. Preferred dividend payments now matter because Strategy’s Bitcoin reserve can fund obligations during market stress. Matthew Sigel, VanEck’s head of digital assets research, said Strategy’s roughly $135 million Bitcoin sale last week did not count against its $1.25 billion BTC Monetization Program. He pointed to Strategy’s latest Form 8-K, which said the full capacity remained available as of July 5. Sigel said the reason sits in the program’s stated use. “The program caps cash reserve-funding sales only,” he wrote. He added that “direct div payments are off-progr