Strategy Sells 3,588 Bitcoin, Raises $216M as BTC Treasury Strategy Evolves

Strategy, formerly known as MicroStrategy, has confirmed it sold 3,588 Bitcoin over the past week, a much larger transaction than earlier speculation surrounding a rumored 491 BTC transfer. The sale has renewed discussion about the companys Bitcoin treasury strategy, even as it remains the worlds largest corporate holder of the cryptocurrency. Executive Chairman Michael Saylor said the company generated approximately $216 million from the Bitcoin sale to fund dividend payments tied to its Digital Credit securities. The transaction marks Strategys biggest Bitcoin disposal since its 2022…  Read more

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