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Strategy Sells 1,637 BTC as Bitcoin Holdings Fall to 842,138

Published by
Nidhi Kolhapur

Strategy sold 1,638 BTC for approximately $104.7 million between July 27 and August 2, at an average price of $63,957 per Bitcoin. The company used about half of the proceeds to fund preferred stock dividends, while the remainder was allocated to STRC share repurchases. During the same period, Strategy also raised $290.6 million through MSTR share sales, repurchased $81.2 million of STRC, and increased its U.S. dollar reserve to $4 billion. The company continues to hold 842,138 BTC, acquired for $63.51 billion at an average purchase price of $75,419 per Bitcoin.

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Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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