VanEck's head of digital assets research, Matthew Sigel, clarified that Strategy's recent $135 million Bitcoin sale did not impact the $1.25 billion BTC Monetization Program quota. According to Strategy's latest 8-K filing, the program restricts sales aimed at replenishing cash reserves, but sales used for dividend payments are exempt. This indicates that Strategy's Bitcoin selling capacity surpasses the commonly perceived $1.25 billion limit.
VanEck's $135M Bitcoin Sale Excluded from Monetization Program Limit
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