- Entry
- $62,242.25
- Now
- $64,977.36 +4.4%
- Target
- —
- Score
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By now, we have seen the historic news of Saylor’s Strategy selling $216M in Bitcoin. Some of you may be shocked, or confused as this contradicts his promise to “never sell your Bitcoin”. I broke down the mechanics in a full analysis, figuring out why Strategy unfortunately has to do so, here's the short version. STRC (Stretch) is Strategy’s preferred stock, designed to provide investors with a steady cash dividend while giving Strategy additional capital to purchase more Bitcoin. Strategy's …
— ORIGINAL POST ·
Here’s Why Strategy Sold $216M Worth of Bitcoin
· r/CryptoCurrency
· Jul 7, 2026