Strategy Sells 1,690 Bitcoin as Saylor Reloads Its Cash War Chest

Strategy sold 1,690 bitcoin for $108.6 million last week, using the proceeds to repurchase its STRC preferred stock as Michael Saylor’s company reshuffled a balance sheet still dominated by bitcoin. The company disclosed Monday that it sold the bitcoin between Aug. 3 and Aug.

9 at an average price of $64,262 per coin. After the […]