Strategy Sells Bitcoin After Five Weeks Without Buying

WorldPing

Bitcoin Magazine Strategy Sells Bitcoin After Five Weeks Without Buying The company had held off buying Bitcoin before the sale, instead focusing on strengthening its cash balance.

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Decrypt•

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

Half the proceeds funded preferred dividends and half went into an $81 million STRC buyback, its second in as many weeks.

Brief by WorldPing · Original reporting by Decrypt

WorldPing

Cointelegraph•

Strategy sells 1,638 Bitcoin to fund dividends and STRC repurchases

Michael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock.

Brief by WorldPing · Original reporting by Cointelegraph

WorldPing

Decrypt•

Trump Family’s American Bitcoin Tops 8,000 BTC After Record Mining Quarter

The Hut 8 subsidiary increased its Bitcoin holdings by 14% in the second quarter even as Bitcoin’s price fell.

Brief by WorldPing · Original reporting by Decrypt

WorldPing

Cointelegraph•

Hashdex to shut smallest Bitcoin ETF after more than two years

The spot price Bitcoin exchange-traded fund, which was never able to attract more than $18 million in net assets, will pay out investors and sell its 225 BTC in the coming weeks.

Brief by WorldPing · Original reporting by Cointelegraph

WorldPing

CoinDesk•

Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of STRC

The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock.

Brief by WorldPing · Original reporting by CoinDesk

WorldPing

The Block•

Michael Saylor’s Strategy sells another 1,638 BTC for $105 million, reducing total holdings to 842,138 BTC

Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $53 billion.

Brief by WorldPing · Original reporting by The Block