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Saylor's Strategy Sells 3,588 Bitcoin To Cover Preferred Dividends
Saylor's Strategy Sells 3,588 Bitcoin To Cover Preferred Dividends
Authored by Micah Zimmerman via Bitcoin Magazine.com,
Strategy sold 3,588 bitcoin for $216 million to fund dividends on its preferred securities, the company disclosed in a Form 8-K on July 6, 2026.
The sale marks the largest bitcoin disposal in the company’s history and its most direct admission that its dividend obligations now shape its treasury.
Chairman Michael Saylor posted about the transaction on social media. As of July 5, the company held 843,775 bitcoin in its reserves and $2.55 billion in cash. Saylor said...
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Summary
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