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MicroStrategy Sells Bitcoin for Dividends | Bitcoin and Crypto News
Description
MicroStrategy just sold 1,638 Bitcoin—its second-largest sale this year—for $104.7M, using the cash to pay $52.4M in dividends and buy back $52.3M worth of its own STRC stock, while boosting its USD reserves to cover 2.3 years of operations. With 842,138 BTC still on their books (acquired for $63.5B), the move signals a strategic pivot: leveraging Bitcoin sales not just for growth, but to fund shareholder returns and stabilize cash flow amid undervalued STRC shares.
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