MicroStrategy May Sell Bitcoin Under New Framework

MicroStrategy announced it may sell up to $1.25 billion of Bitcoin under a new "Digital Credit Capital Framework." This marks a potential shift in strategy for the company, which has historically focused on acquiring Bitcoin.

29 Jun, 15:07 — 29 Jun, 15:07

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marketwatchMostly Factual60d ago

Strategy can now sell bitcoin to buy back stock — the opposite of what it’s been doing

Strategy disclosed a program to sell bitcoin “from time to time” to fund its U.S. dollar reserve and share repurchases.

By Tomi Kilgore

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Coverage Timeline

First report: bloomberg · 29 Jun, 12:19|Full coverage: 3 · 3h|Window: 3h

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bloomberg29 Jun, 12:19First to report

Strategy Says It May Sell Up to $1.25 Billion of Bitcoin - Bloomberg

Yahoo29 Jun, 12:48

Strategy Could Sell Up to $1.25B of Bitcoin Under 'Digital Credit Capital Framework'

2h later

marketwatch29 Jun, 15:07Latest update

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MicroStrategy May Sell Bitcoin Under New Framework

Sources

Strategy can now sell bitcoin to buy back stock — the opposite of what it’s been doing

Coverage Timeline

Strategy Says It May Sell Up to $1.25 Billion of Bitcoin - Bloomberg

Strategy Could Sell Up to $1.25B of Bitcoin Under 'Digital Credit Capital Framework'

Strategy can now sell bitcoin to buy back stock — the opposite of what it’s been doing

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