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Strategy moves $30M in Bitcoin to Coinbase, hinting at possible sales to fund debt and dividends.

Market News
29 May 2026
Coinpaper
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Neutral
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Strategy transferred about 411.48 BTC worth $30.3 million to Coinbase, its first Bitcoin move to an exchange in nearly two years. This follows executive comments that Bitcoin sales might be used to finance debt repayments and dividend payments, marking a shift from the company's previous stance of holding Bitcoin indefinitely. Strategy plans to repurchase $1.5 billion in convertible notes, potentially funding this with Bitcoin sales alongside cash and stock offerings. Despite this, the company remains the largest public Bitcoin holder with over 843,000 BTC and maintains a long-term goal to increase Bitcoin per share through 2033.

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