Business · World

Strategy sells 3,588 Bitcoin for $216M to fund dividends.

1 sourceFirst reported 16 days agoUpdated 16 days ago

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Strategy has sold 3,588 Bitcoin for a total of $216 million.
The funds from the Bitcoin sale will be used to finance dividend payments.
Despite the sale, Strategy has retained a Bitcoin reserve valued at $2.55 billion.
Wealth manager Bernstein has reiterated its year-end Bitcoin price target of $150,000.

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AI summary: catch up in 20 seconds

Strategy has sold 3,588 Bitcoin for a total of $216 million.
The funds from the Bitcoin sale will be used to finance dividend payments.
Despite the sale, Strategy has retained a Bitcoin reserve valued at $2.55 billion.
Wealth manager Bernstein has reiterated its year-end Bitcoin price target of $150,000.

Generated by AI from the 1 sources below · always verify with the originals