MSTR sells 1,638 BTC for $104.7M to fund preferred stock repurchases

BBX Update: Yesterday, global public companies demonstrated a landmark strategic evolution in managing crypto asset treasuries. Moving beyond blind bullishness, capital is optimizing efficiency through spot liquidation to fund preferred dividends and aggressive accumulation of PoS core yield-bearing assets: — Capital Structure Optimization: Strategy (NASDAQ: $MSTR) unusually sold 1,638 BTC for $104.7 million, precisely allocating proceeds toward preferred dividend payments and STRC buybacks, while maintaining a base holding of 842,138 BTC. — Yield-Bearing Treasury Expansion: Bitmine (NYSE: $BMNR) added 10,399 ETH last week, bringing its total holdings to 5,797,813 ETH—locking up 4.8% of the network’s total supply. — European DCA Advancement: France’s Capital B (Euronext: $ALCAP) and the UK’s The Smarter Web (LSE: $SWC) each increased their BTC positions by 1 and 9 BTC respectively, steadfastly adhering to long-term treasury dollar-cost averaging. The market is clearly witnessing two converging trends: “Top U.S. corporate treasuries are leveraging crypto liquidity to support preferred dividends and market cap management,” and “Yield-focused treasuries are accelerating their monopoly on Ethereum’s foundational reserves, regardless of volatility.” Source: bbx.com