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๐Ÿช™ Crypto

Strategy can now sell bitcoin to fund $2bn buybacks and USD reserves

Strategy, formerly MicroStrategy, has unveiled a new capital plan that allows it to sell bitcoin to fund a USD reserve, support preferred share dividends, and finance up to $2 billion in stock buybacks. This marks a significant strategic shift for a company known for its relentless bitcoin accumulation. The move opens the door to BTC sales for the first time and could reshape how markets view the firm's treasury strategy.

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