Wu Blockchain (@WuBlockchain): VanEck: Strategy’s $135M BTC Sale Did Not Count Toward Its $1.25B Monetization Program

VanEck: Strategy’s $135M BTC Sale Did Not Count Toward Its $1.25B Monetization Program VanEck Head of Digital Assets Research Matthew Sigel said Strategy’s roughly $135 million Bitcoin sale last week did not count against its previously announced $1.25 billion BTC Monetization Program. According to Strategy’s latest Form 8-K, the program applies only to Bitcoin sales used to fund its USD Reserve, and the full $1.25 billion remained available as of July 5. Sigel said last week’s sale was used to pay preferred stock dividends and therefore fell outside the program, suggesting Strategy’s actual Bitcoin selling capacity may be greater than the $1.25 billion widely assumed by the market.