Matthew Sigel: Strategy's $135 Million Bitcoin Sale Last Week Did Not Use BTC Monetization Program Allocation
2026-07-08 02:08
Odaily News: Matthew Sigel posted on X, stating that according to Strategy's latest 8-K filing, the company's $135 million Bitcoin sale last week did not utilize the $1.25 billion BTC Monetization Program allocation. The program only restricts sales intended to replenish cash reserves; sales directly used for dividend payments are not subject to this limit. Sigel pointed out that this means Strategy's actual Bitcoin selling capacity exceeds the commonly understood $1.25 billion figure.
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