The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
MicroStrategy sold 32 Bitcoin for approximately $2.5 million in late May at an average price of $77,135 per coin. This marks the company's first Bitcoin sale since December 2022 and was executed to fund dividend distributions on its preferred stock. Despite the sale, the firm continues to hold 843,706 Bitcoin, and shareholders recently approved semi-monthly dividend payments for STRC preferred stock.