Analysis: Finance & Crypto — 04 August 2026
Strategy Continues Bitcoin Sales to Bolster Reserves and Preferred Stock Strategy (formerly MicroStrategy) sold 1,638 BTC between July 27 and August 2 at an average of about $63,957, raising $104.7 million. Proceeds funded STRC preferred dividends ($52.4 million) and repurchases ($52.3 million). The firm also sold MSTR shares for $290.6 million, lifting its USD reserve … Read more