Crypto Corporate Strategy: Bitcoin Sale by Strategy and Bithumb's IPO Preparations
Crypto Corporate Strategy: Bitcoin Sale by Strategy and Bithumb's IPO Preparations
Michael Saylor's Strategy has conducted its second-largest Bitcoin sale of the year, offloading 1,638 BTC to fund dividend payments and repurchase its preferred STRC stock. Meanwhile, South Korean exchange Bithumb is gearing up for a 2028 IPO, with plans to seek preliminary listing review in 2027, alongside an overhaul of its internal controls following a crediting error.
Michael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock.
The South Korean exchange Bithumb plans to seek preliminary listing review in 2027 while overhauling controls after a February crediting error, setting a 2028 IPO timetable.