Strategy sells 3,588 Bitcoin for $216M to fund dividends, keeps $2.55B reserve intact
CoinTelegraph·
60-second summary
Strategy is selling 3,588 Bitcoin for $216 million to fund its dividend payments, maintaining a $2.55 billion reserve intact. This move comes as wealth manager Bernstein reaffirms its year-end Bitcoin price target of $150,000. The sale reflects Strategy's commitment to meeting its financial obligations while maintaining a significant Bitcoin holding.
Strategy sold $216 million in Bitcoin to fund its dividend payments, as wealth manager Bernstein maintained its year-end Bitcoin price target of $150,000.