Strategy Sells $216M in Bitcoin as Part of Treasury Management
Investment firm Strategy has sold approximately $216 million worth of Bitcoin over the past week, according to an SEC filing and its public treasury dashboard. The sales were conducted under a 'BTC Monetization Program' aimed at covering dividend obligations on Digital Credit securities and replenishing fiat reserves now exceeding $2.5 billion.
Tickers: $MSTR
Topics: Bitcoin Digital Credit securities dividend obligations treasury management