Strategy sells 1,690 BTC for $108.6M and raises $653M via MSTR share sale to fund STRC buybacks
Strategy (formerly MicroStrategy) sold 1,690 BTC for $108.6 million and raised $653.1 million by selling 6.59 million MSTR shares. Proceeds funded a $108.6M STRC preferred share buyback (1.15 million shares) and boosted its dollar reserve to $4.65 billion. Total Bitcoin holdings decreased to 840,447 BTC. This marks the second consecutive week of Bitcoin sales by the company.
Detected & updated continuously · Source: Nebula
Story subjects
Sources
@conorfkenny
JUST IN: Strategy sells 1,690 Bitcoin for $108.6M, bringing its total holdings to 840,447 $BTC. https://t.co/9ENUBBQDL6
@CoinMarketCap
JUST IN: 💰 Strategy sold 1,690 BTC for $108.6M to fund STRC buybacks, decreasing its total Bitcoin holdings to 840,447 BTC. https://t.co/lFzGt9zjZ8
@AlexesNakamoto
JUST IN: Strategy raised $653M from $MSTR and sold 1,690 BTC for $108.6M. The money went to: → +$650M USD Reserve → $108.6M $STRC buyback Current reserves: ₿ 840,447 BTC $4.65B USD $MSTR https://t.co/4kX0Al0t4W
@Litest
⚡BREAKING: 🇺🇸 $MSTR Strategy sells 1,690 $BTC for $109 million and raises another $653.1 million by selling 6.59 million MSTR shares. The company used the Bitcoin sale proceeds to repurchase 1.15 million STRC preferred shares and boost its dollar reserve to $4.65 billion.
@DeFiTracer
BREAKING: Michael Saylor's STRATEGY just sold 1,690 $BTC worth $108.6 MILLION They have also sold 6.59 million MSTR shares worth over $653 MILLION This is not good for the market... https://t.co/BYowwWYOYd
@PlanetDefi
JUST IN: Michael Saylor's 'Strategy' sold another 1,690 $BTC worth $108 million. https://t.co/Q1Ey1q54Zw
@crypto_economy
💵 Strategy vende Bitcoin por segunda semana consecutiva Strategy vendió otros 1.690 bitcoin:native por $108,6 millones, prolongando un cambio relevante en la forma en que el mayor holder corporativo de Bitcoin administra su balance. Entre el 3 y el 9 de agosto, la compañía https://t.co/A1h9gcCezZ