Strategy sells $216M BTC

Published by Bitcoin Desk with Ravenclip

💥 Strategy’s biggest Bitcoin sale yet—$216M gone in days. Is this the fix or just a band-aid?

What the video says

Strategy just sold $216 million of Bitcoin, its biggest sale ever. That's 3,588 coins gone in under a week, the first move under Michael Saylor's new financing plan.

The money went straight to preferred stock payouts and topped up the dollar reserve to $2.55 billion. The sale was split: $80.8 million at $59, $256 per coin, then $135.2 million at $60,773, both below what Strategy paid.

Observers point out the overhaul lets them sell up to $1.25 billion more, all to keep cash flowing while STRC trades near $89 against a $100 par. After the sale, Strategy still holds 843,775 Bitcoin, worth about $53 billion at an average buy-in of $75.476.

Analysts call this the first real test of the capital fix Saylor rolled out days ago. With $2.55 billion in reserve, the question is whether the cash will steady the ship or just buy time.

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