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Strategy Sells $105M in Bitcoin as Dollar Reserve Hits $4B

Strategy sold 1,638 BTC for $104.7 million in the week to Aug 2, according to an 8-K filed Monday, cutting its Bitcoin stack to 842,138 BTC from the 843,775 it had held since early July. The coins went at an average of …

Strategy sold 1,638 bitcoin last week

Strategy sold 1,638 Bitcoin and issued 3 million new shares, directing proceeds into a $4 billion cash reserve rather than buying more Bitcoin.

Strategy Sells 1,637 BTC as Bitcoin Holdings Fall to 842,138

Strategy sold 1,638 BTC for approximately $104.7 million between July 27 and August 2, at an average price of $63,957 per Bitcoin. The company used about half of the proceeds to fund preferred stock dividends, while the…

One Protocol Proves Bitcoin DeFi Does Not Need Wrapped Bitcoin

Bitcoin remains the largest crypto asset, but it has played a limited role in decentralized finance. Most DeFi applications were built on programmable networks like Ethereum. Bitcoin holders who wanted to trade, lend or…