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michael-saylor
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Strategy resumes bitcoin buying with a $76 million purchase, ending a three-week pause
Strategy bought 950 bitcoin for $75.7 million last week — its first purchase since late August — lifting its holdings to 846,000 BTC, per a Monday regulatory filing.
Strategy sells 3,588 bitcoin at a loss to pay its dividends, formalizing the one thing Saylor swore it wouldn't do
Strategy sold 3,588 bitcoin for about $216 million last week to fund preferred-stock dividends, an SEC filing shows, formalizing a sell mechanism at a company long defined by never selling.
Strategy Authorizes Up to $1.25B in Bitcoin Sales, Reversing Saylor's "Never Sell" Pledge
Michael Saylor's Strategy has authorized selling up to $1.25 billion in bitcoin to fund share buybacks after its stock and preferred shares slid to 52-week lows, though no coins have been sold.