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MicroStrategy sells 32 Bitcoin to fund dividends, sparking stock drop amid Bitcoin price slump.

Market News
04 Jun 2026
24/7 Wall Street
View Source
Bearish
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MicroStrategy sold 32 Bitcoin for $2.5 million to pay preferred stock dividends, marking its first Bitcoin sale since 2022. Despite the sale being a tiny fraction of its 843,000 Bitcoin holdings, the stock plunged due to concerns over dividend funding and Bitcoin's price falling below the company's average cost. The company reported a large net loss in Q4 2025, and investors worry about potential further Bitcoin sales. The stock is rated Hold at $126, with investors advised to watch for upcoming Bitcoin purchases or sales and dividend announcements to gauge the company's strategy moving forward.

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