VanEck Sells $135M Bitcoin Last Week Outside $1.25B Monetization Program

BTC-1.70%
According to VanEck, Strategy sold approximately $135 million in Bitcoin last week to fund preferred stock dividend payments. The sale did not count against the company's $1.25 billion BTC Monetization Program, which applies only to Bitcoin sales used to replenish the USD Reserve. As of July 5, the full $1.25 billion in monetization capacity remained available and untouched. Details were formally disclosed in Strategy's Form 8-K filing, and the distinction implies the company's actual Bitcoin selling capacity may be larger than markets currently assume.
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