Strategy sells 1,690 BTC for $108.6 million, dips further below cost basis
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🚨 Strategy sells 1,690 BTC for $108.6 million, marking a major move below cost basis.
💰 The company used the proceeds to buy back over 1.1 million shares of its preferred stock.
📉 In just two weeks, 3,328 BTC in $BTC were sold for more than $213 million in total.
📅 Strategy is shifting from accumulating Bitcoin to liquidating holdings for new capital needs.
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2h ago•
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