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Strategy Inc. buys more Bitcoin despite selling some to cover $750M dividends, signaling long-term bullish bet.

Market News
08 Jun 2026
Seeking Alpha
View Source
Neutral
pluang ai news

Strategy Inc. recently broke its 'never sell' Bitcoin rule by selling 32 BTC to pay over $750 million in preferred stock dividends, creating new financial risks amid declining USD reserves. However, the company also bought 1,550 BTC at $65,332 each, lowering its average cost and reinforcing its long-term bullish outlook on Bitcoin. High short interest and a compressed net asset value premium could trigger significant gains if Bitcoin's price recovers. This move highlights the company's leveraged exposure to Bitcoin and the potential volatility ahead.

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