Last Week's BTC Sale by Strategy Did Not Utilize the Revenue Cap, Actual Limit May Be Higher

Full Sale Quota Remains

Matthew Siegel, Head of Digital Asset Research at asset management giant VanEck, analyzed in a post on X on the 7th that about $135 million worth of Bitcoin sold last week by Strategy was not accounted for in the company's announced $1.25 billion 'BTC Monetization Program' cap.

According to Mr. Siegel, the cap of the BTC Monetization Program only applies when the sales proceeds are allocated to the U.S. dollar reserves...