Strategy Dumps Bitcoin at a Loss to Fund Preferred Stock Buybacks
Strategy (MSTR) sold 1,690 BTC at a loss and $653M in stock to fund preferred share buybacks, signaling cash flow stress. Holdings now 840,447 BTC; MSTR down 75% YoY.
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Strategy (MSTR) sold 1,690 BTC at a loss and $653M in stock to fund preferred share buybacks, signaling cash flow stress. Holdings now 840,447 BTC; MSTR down 75% YoY.
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