Strategy Sells 3,588 BTC for $216M to Fund Dividends
Strategy, led by Michael Saylor, sold 3,588 Bitcoin for $216 million to fund dividends on its Digital Credit securities. This is the firm's second Bitcoin sale in just over a month, reducing its holdings to 84,000 BTC. The sale drew criticism from some community members who accuse Saylor of selling low after buying high.
Detected & updated continuously · Source: Ruma
Sources
@Crypto_Potato
JUST IN: @saylor's Strategy has sold 3,588 $BTC for $216 million to fund dividends on its Digital Credit securities. This is the firm's second Bitcoin sale in just over a month. Strategy now holds 843,775 Bitcoin and has a $2.55 billion USD reserve. The company recently launched
@sjdedic
The last few years the whole timeline was cheering for @saylor buying infinite amounts of Bitcoin. Today, Strategy selling $BTC is likely one of the best news everyone was just waiting for lol.
@BullNakedCrypto
wait how retarded is @saylor and $MSTR? Why couldn't he just not buy $BTC for a couple weeks and not sell right now? He literally bought high and sold low. HE LITERALLY BOUGHT 200M+ of BTC at 65k++ TO SELL AT 60.5k L M A O https://t.co/5U8xGb4EsG
@Kolrektor
Looks like @saylor selling the "american dream" by buying/accumulating tons of $BTC is over ppl on a high roll on memes coping that theres nothing to play in the space anymore other than predictions & gambling
@Kolrektor
recent signs that you will get a good buy price very soon: >crowd getting extracted by $ANSEM & its trash betas > $ETH downsizing & treasury thick on stables >@saylor selling worth ±225M of $BTC ju-LIE or test rally before another leg down
