Strategy Sells More Bitcoin, Stock
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MSTR publicly opposed proposed Bitcoin protocol changes under the BIP-110 discussion. His comments focus on preserving Bitcoin’s existing consensus rules rather than adopting the suggested updates. The debate has raised fresh questions about how large institutional holders should engage with Bitcoin governance.
[Update 1:57 P.M. UTC, June 1 -- Updates third paragraph with share price decline in Monday morning trading.] Strategy sold 32 BTC last week, its first reported Bitcoin sale since a 2022 tax-loss transaction, as the company moved to fund preferred stock ...