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Strategy sells 32 BTC to fund preferred stock dividends, marking rare bitcoin liquidation.

Market News
01 Jun 2026
Bitcoin
View Source
Neutral
pluang ai news

Strategy sold 32 bitcoins between May 26 and May 31, 2026, generating $2.5 million to fund preferred stock dividends due June 30. Despite the sale, the company still holds 843,706 BTC valued at a $63.87 billion cost basis and maintains a $900 million USD reserve. This sale is notable as Strategy has rarely liquidated bitcoin since starting accumulation in 2020, highlighting the recurring cost of preferred stock dividends. The company also sold shares of its common stock, raising $128.3 million, while maintaining significant capacity for future offerings.

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