None
EN
Strategy Inc (MSTR) Stock Climbs After $104.7M Bitcoin Sale to Fund STRC Dividends
['Oliver Dale']
MoneyCheck
Proceeds from Bitcoin liquidation supported STRC preferred dividends and discounted share repurchases.
Strategy’s Bitcoin treasury now stands at 842,138 coins with a cumulative cost basis around $63.5 billion.
The upward movement came after the company revealed it had liquidated 1,638 Bitcoin, channeling the capital toward STRC preferred dividends and aggressive share repurchase initiatives.
These transactions signaled a departure from the firm’s longstanding accumulation-only approach to Bitcoin treasury management.
He further noted that the enlarged reserve extended Strategy’s dollar funding capacity by 57 days to approximately 2.3 years.