Strategy Sells $105M in Bitcoin to Fund Dividends and Buybacks

Strategy has sold $105 million worth of Bitcoin to fund preferred dividends and repurchase $81 million in STRC stock, marking its second major sale this year.

Leonard Kravets58 minutes ago

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Strategy has sold $105 million worth of Bitcoin, reducing its holdings by 1,638 coins. The proceeds are being used to fund preferred dividends and repurchase $81 million of its STRC stock. This marks the company's second significant Bitcoin sale this year.

The sale contributes to Strategy's growing dollar reserves, which have now reached $4 billion. Half of the Bitcoin sale proceeds were allocated to dividends, while the other half supported the stock buyback initiative.

Strategy, led by Michael Saylor, continues to adjust its Bitcoin holdings as part of its broader financial strategy. The company also raised $290.6 million through sales of common stock.

This move reflects Strategy's ongoing efforts to balance its cryptocurrency investments with shareholder returns and stock market activities.

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Leonard Kravets

cryptocurrency journalist and market analyst focused on the intersection of blockchain, culture, and real-world adoption. Known for his clear, data-driven writing style, he covers emerging altcoins, DeFi trends, and the risks behind hype-driven projects. With a strong emphasis on education, transparency, and spotting potential scams before they spread.

Sources

Leonard Kravets

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