Strategy sold 32 bitcoin between May 26 and May 31 for about $2.5 million at an average net price of $77,135 per coin, according to a new 8-K filing.
The sale, the company’s first disclosed bitcoin disposal, will be used to fund distributions on its preferred stock, a footnote in the filing said.
It is going to be an interesting trading day for MSTR Stock.
No it won't. STRC alone runs $100 million a month... a 2.5m realized sale does nothing.
VERY peculiar sizing
Is it possibly a "token" sale, just to to show the market they will sell if needed and that they are not Crazy Bitcoin Junkies.
“Inoculating the market”.. BTC got its first Saylor vaccine. Boosters coming soon?
Two weeks to... uh, I don't even know
Can I have a hundred dollars ya fat cat
4 year cycle.