Here’s Why Strategy Sold $216M Worth of Bitcoin

By now, we have seen the historic news of Saylor’s Strategy selling $216M in Bitcoin. Some of you may be shocked, or confused as this contradicts his promise to “never sell your Bitcoin”. I broke down the mechanics in a full analysis, figuring out why Strategy unfortunately has to do so, here's the short version. STRC (Stretch) is Strategy’s preferred stock, designed to provide investors with a steady cash dividend while giving Strategy additional capital to purchase more Bitcoin. Strategy's ST

CryptoAlerta — análise de criptomoedas e mercado em tempo real