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Michael Saylor's MSTR Stock Momentum Sinks, But Benchmark Analyst Calls Bitcoin Sell-Off An 'Overreaction
Michael Saylor‘s Strategy Inc.
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coindesk.com
MSTR News: Michael Saylor's Strategy sold 32 bitcoin for $2.5 million in late May
The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.
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cnbc.com
Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022
Michael Saylor's Strategy sold bitcoin for the second time ever as geopolitical uncertainty continues to weigh on the cryptocurrency's price.
