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Jai Hamid

Strategy discloses $2.5M Bitcoin sale as BTC slides to $69,000 and MSTR drops

Strategy (NASDAQ: MSTR) disclosed that it sold 32 BTC for $2.5 million between May 26 and May 31, at an average price of $77,135 per coin after fees and expenses. Over the same period, the company sold 801,994 common shares to raise $128.3 million, and said the Bitcoin sale proceeds are expected to support preferred stock distributions.
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BTC-4.08%
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FTT-4.15%
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