Strategy reduces Bitcoin holdings to 843,775 BTC, plans $1B sale
Covered by 2 sources · 2 articles
2 outlets - including Crypto-economy and Cryptobriefing - are covering this story. TL;DR: Strategy sold approximately 3,588 bitcoin for around $216 million, reducing its total holdings to 843,775 BTC. The sales were executed at an average price of $60,000 per bitcoin, with proceeds directed toward preferred share dividend…
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Strategy Sells 3,588 BTC for $216M, Trimming Holdings to 843,775 Bitcoin
TL;DR: Strategy sold approximately 3,588 bitcoin for around $216 million, reducing its total holdings to 843,775 BTC. The sales were executed at an average price of $60,000 per bitcoin, with proceeds directed toward preferred share dividend…
Strategy reduces Bitcoin holdings to 843,775 BTC, plans $1B sale
Strategy's Bitcoin sale signals a shift to liquidity focus, potentially impacting market sentiment and Bitcoin's price stability.