Innlegg

#MSTR sells another 1,638 BTC, halving the scale MicroStrategy sold more coins again, but the interpretation of this event is quite different from what most people think. From July 27 to August 2, they sold 1,638 BTC, cashing out 104.7 million USD at an average price of 63,957 USD. They sold 3,588 BTC in early July, so this time the amount was halved. The reason for selling is simple — there is a dividend payment due. The preferred stock dividend is annualized at 12%, and it must be paid. The money from selling coins is used to pay dividends and repurchase preferred stock, which is a management of existing funds, not an active shorting of Bitcoin. The logic is the same as last time, unchanged. What’s really interesting is this — the company still holds 842,138 BTC on its books, with the proportion unchanged. On-chain data also shows no obvious one-sided selling pressure; the market has become desensitized to MicroStrategy selling coins. The first time they sold, people panicked a bit, but by the second time, there was basically no reaction. The conditions for starting to buy coins again are also clear: waiting for the preferred stock price to recover near the issue price, currently about 10% away. Once that batch recovers, MicroStrategy’s buying rhythm will restart. They’re not in a hurry, and you don’t need to be either. $BTC $SNDK $BICO #FedSplitGoesPublic #BigTechEarningsWatch #PalantirBeatAndRaise