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Crypto

Strategy Unloads 1,638 Bitcoin for Dividend Payments and STRC Repurchases

Guavy AI Editorial Team
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BTC
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Michael Saylor's Strategy sold 1,638 Bitcoin to fund dividend payments and repurchase its preferred STRC stock. This move marks the second-largest sale of the year for the company.

The sale is a significant one, as it accounts for a substantial portion of Strategy's total Bitcoin holdings. While the exact details of the transaction are not disclosed, it is clear that the proceeds will be used to fund dividend payments and STRC repurchases.

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