Saylor just put a price tag on what Bitcoin is becoming. The company sold 3,588 BTC for $216 million to fund its 12% preferred dividend. The market called it a sell signal. We call it productive capital.
The number that matters, average sale price around $60,200 per BTC. The June high was $63,900. Saylor sold into weakness, not into the top. That is treasury management, not thesis change.
The scale check, 3,588 BTC is 0.42% of holdings, a routine working capital event, not a distribution.
The number that matters, average sale price around $60,200 per BTC. The June high was $63,900. Saylor sold into weakness, not into the top. That is treasury management, not thesis change.
The scale check, 3,588 BTC is 0.42% of holdings, a routine working capital event, not a distribution.
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