MSTR Price Prediction: Will Strategy Stock Crash After Bitcoin Sale?
Covered by 2 sources · 2 articles
2 outlets - including Cryptoadventure and Cryptotimes - are covering this story. Bitcoin fell to about $61,500 Monday after Strategy sold 3,588 BTC to fund preferred dividends, adding fresh supply pressure to a market already struggling to hold the $63,000 area. BTC recently traded near $61,481, down 1.84% on the day, a…
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Bitcoin Falls Below $61,500 After Strategy BTC Sale As MSTR Jumps 8%
Bitcoin fell to about $61,500 Monday after Strategy sold 3,588 BTC to fund preferred dividends, adding fresh supply pressure to a market already struggling to hold the $63,000 area. BTC recently traded near $61,481, down 1.84% on the day, a…
MSTR Price Prediction: Will Strategy Stock Crash After Bitcoin Sale?
Strategy’s Bitcoin sale is small relative to its reserves, but it changes the market question from “will Saylor sell?” to “how much selling can MSTR absorb?”