Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-07-06T12:28:00+00:00
Strategy, the largest corporate holder ofBitcoin, sold 3,588 BTC over the past week for around $216 million, according to a Monday disclosure. The proceeds funded dividends on its preferred shares and topped up its U.S. dollar reserve, which stood at $2.55 billion as of July 5. The Michael Saylor-led firm, long known for buying and holding Bitcoin, has trimmed its stack to 843,775 BTC, carried at a cost basis of $63.7 billion, or about $75,476 per coin. With Bitcoin trading near $60,000, well below that, Strategy booked an $8.32 billion loss on its digital assets for the second quarter, almost all of it unrealized. Strategy said aBTC Monetization Programit unveiled on June 29, which lets it raise up to $1.25 billion by selling Bitcoin, remained fully available as of July 5. The firm's late
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