Strategy sells 1,638 BTC for $104.7 million, boosts USD reserve to $4 billion
1h ago•
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🚨 Strategy sells 1,638 $BTC for $104.7 million in its second-biggest transaction of 2024.
🟠 Proceeds split evenly between STRC dividend payments and STRC share buybacks.
🪙 Strategy increased USD reserves to $4 billion, extending its financial runway.
📉 STRC trades below par value, putting pressure on fundraising options.
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