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

🇺🇸 MarketWatch (US) —

AI Summary

Strategy announced a new program allowing it to sell bitcoin to fund its U.S. dollar reserve and stock repurchases, reversing its prior buying trend. This shift indicates changing asset management strategies within the company.

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

Markets Deals Strategy bitcoin share repurchases asset management cryptocurrency

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