Strategy Sells 32 Bitcoin for $2.5 Million in First Direct Liquidation Since 2022
First Liquidation Since 2022: Strategy Inc. offloaded 32 BTC for approximately $2.5 million, marking its first net sale of the asset since a tax-loss harvesting maneuver in late 2022.
Funding Dividends: The liquidation was executed to fund upcoming distributions for the company’s preferred stock program, designed to maintain a stable par value for income-focused investors.
Market Reaction: The disclosure triggered a sharp market drawdown,...
