Strategy’s Bitcoin Moves and Dividend Play | Bitcoin and Crypto News

Strategy’s Bitcoin moves are puzzling—spending $20M for just 69 extra coins, pushing their average cost per coin to over $289K. Despite Bitcoin and common stock falling, their preferred stock STRC is climbing, hinting they’re prioritizing dividend protection post-rate hike. With 843K coins held at an average cost of $75K each, they’re still the largest corporate Bitcoin holder. Cash reserves cover dividends for 17+ months, so no rush to buy more Bitcoin—possibly easing demand. But they might also slow sales, reducing selling pressure. A mixed bag for the market. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/99e3d33cfcc8bf52