Strategy Sells 1,690 Bitcoin as Saylor Reloads Its Cash War Chest

AI Summary Strategy sold 1,690 bitcoin for $108.6 million last week, using the proceeds to repurchase its STRC preferred stock as Michael Saylor’s company reshuffled a balance sheet still dominated by bitcoin. The company disclosed Monday that it sold the bitcoin between Aug. 3 and Aug. 9 at an average price of $64,262 per coin. After the […] fulltext: 339 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/crypto-news/strategy-sells-1690-bitcoin-as-saylor-reloads-its-cash-war-chest/ Source: Bitcoin.com News