
MicroStrategy Sells 3,588 Bitcoin for $216M to Fund Dividends, Bernstein Reiterates $150K Target
MicroStrategy sold 3,588 BTC for $216 million to fund dividend payments, while Bernstein maintained its $150,000 Bitcoin price target.

MicroStrategy sold 3,588 BTC for $216 million to fund dividend payments, while Bernstein maintained its $150,000 Bitcoin price target.

MicroStrategy sold 3,588 Bitcoin last week, raising $216 million to replenish dollar reserves for preferred stock dividends.

MicroStrategy, led by Michael Saylor, unveiled a new capital framework allowing Bitcoin sales to fund dividends, a $2.55B reserve, and a 12% STRC payout.

MicroStrategy's cash reserves have dropped by 38%, reducing dividend coverage from seven years to 14 months, prompting CryptoQuant to advise pausing Bitcoin buys.

Franklin Templeton is exploring innovative exchange-traded funds designed to automatically convert traditional corporate dividends into Bitcoin.

Investment giant Franklin Templeton plans new exchange-traded funds allowing investors to automatically convert stock dividends into Bitcoin exposure.

MicroStrategy's dividend-paying preferred stock linked to Bitcoin holdings is trading significantly below its par value, facing dividend coverage concerns and rising competition.

Coinbase is set to revolutionize traditional finance by launching tokenized stocks, offering investors on-chain ownership and direct dividend distributions.

MicroStrategy's Michael Saylor continues to advocate for Bitcoin as shareholders vote on a proposal for twice-monthly preferred stock dividend payments.

MEXC introduces 'RealStocks,' offering 0-fee U.S. equity trading with real dividends, bridging crypto and traditional finance.

MicroStrategy recently sold 32 Bitcoin for $2.5 million to fund dividend payments to preferred stock holders, marking a rare divestment from its large crypto reserves.