MicroStrategy Sells 3,588 Bitcoin, Ending “Never Sell” Era
MicroStrategy liquidated 3,588 Bitcoin for approximately $216 million between June 29 and July 5, marking the largest bitcoin disposal in the company’s history and signaling the end of its “never sell” era. The sale was executed to fund quarterly dividend payments on the company’s Digital Credit securities, underscoring structural pressure on the treasury giant’s capital…