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Strategy is losing a lot of money on bitcoin. Here’s why it’s selling anyway.

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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 is losing a lot of money on bitcoin. Here’s why it’s selling anyway.


Source:MarketWatch

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Sourcehttps://www.marketwatch.com/story/strategy-is-losing-a-lot-of-money-on-bitcoin-heres-why-its-selling-anyway-02822bc5