Strategy is losing a lot of money on bitcoin. Here's why it's selling anyway.
Strategy sold more than 3,000 bitcoins to raise cash to pay dividends on its preferred stock - something Executive Chair Michael Saylor had previously said it didn't need to do.
Strategy sold more than 3,000 bitcoins to raise cash to pay dividends on its preferred stock - something Executive Chair Michael Saylor had previously said it didn't need to do.
Source: https://www.marketwatch.com/story/strategy-is-losing-a-lot-of-money-on-bitcoin-heres-why-its-selling-anyway-02822bc5