The move suggests a greater willingness on the part of Michael Saylor and Strategy to use BTC holdings to support the capital structure, said one analyst, while others disagreed. Strategy’s sale of 32 bitcoin, its first in four years, raised questions about whether the company is shifting its long-standing accumulation strategy. Two Wall Street analysts said the roughly $2.5 million sale was economically immaterial and viewed it as a tactical move to help fund preferred-stock dividends rather t…
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