Strategy Sells $105M in Bitcoin to Fund Buybacks

Strategy made moves in the market this week by selling $105 million worth of Bitcoin. The company put half of the proceeds toward paying out preferred dividends to shareholders, while the other half went directly into buying back $81 million of its own stock. This marks the second time in just two weeks that the firm has initiated a buyback.

This sale happens while the company maintains a massive treasury of $4 billion in dollar reserves. By selling a slice of its crypto holdings to support stock prices, the firm is balancing its portfolio while keeping its core treasury intact.

Traders are watching to see if this pattern of selling continues or if the company will return to its aggressive accumulation strategy. For now, the move suggests a focus on shareholder value alongside its long term holding strategy.