Strategy Sells Bitcoin For First Time In Four Years

Source: Yahoo! Finance

“Strategy has sold some of its Bitcoin holdings. It marks the first time that the crypto treasury firm led by Executive Chairman Michael Saylor has sold any Bitcoin in four years. A regulatory disclosure shows that Strategy sold 32 Bitcoin over the past week for proceeds of $2.5 million U.S. The amount is small considering that Strategy owns more than 840,000 Bitcoin but is still significant as it suggests potentially larger sales in coming weeks and months. Strategy is under pressure to fund dividend payments on its high-yielding preferred stoc, which currently yields 11.5%. Already sinking, Bitcoin fell below $72,000 U.S. on news of Strategy’s sale.” (06/01/26)

https://finance.yahoo.com/markets/crypto/articles/strategy-sells-bitcoin-first-time-130500239.html