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MicroStrategy Abandons ‘HODL,’ Authorizes $1.25B Bitcoin Sale to Fund Dividends - Barron's
.1 min read
MicroStrategy has announced a significant shift in its strategy by authorizing the sale of $1.25 billion in Bitcoin, marking a departure from its long-standing 'HODL' approach. The funds from this sale will be used to finance dividends for shareholders, as the company seeks to enhance shareholder returns amid changing market conditions.
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