MicroStrategy Sells 3,588 Bitcoin for $216M Between June 29 and July 5

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According to Bitcoin.com News, MicroStrategy sold 3,588 bitcoin for approximately $216 million between June 29 and July 5 to fund dividend payments on its preferred securities and rebuild dollar reserves to $2.55 billion. The sale marked the firm's first major bitcoin disposal in four years, drawing market commentary that Strategy has shifted from bitcoin's largest buyer to a marginal seller. Strategy remains the largest corporate bitcoin holder with 843,775 BTC, acquired at an average cost of $74,476. Its new bitcoin monetization program permits up to $1.25 billion in additional sales for reserves, dividends, or buybacks.
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