Matthew Sigel: Strategy sold Bitcoin last week without using up $1.25 billion in credit

Matthew Sigel, head of digital asset research at VanEck, stated on X platform that according to the 8-K document submitted by Strategy, the $135 million Bitcoin sale by Strategy last week did not occupy the $1.25 billion BTC Monetization Program quota, as the program only limits sales for replenishing cash reserves and sales directly used to pay dividends are not within this quota.