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Grayscale: Strategy's $216M Bitcoin Sale 'Reduces Tail Risk' and Could Help BTC Find a Durable Bottom
Grayscale Research says Strategy's $216M bitcoin sale reduces tail risk, covers 17 months of dividends and could help BTC find a durable bottom.
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decrypt.co
Strategy Sells $216M in Bitcoin for Dividends Under 'BTC Monetization Program' - Decrypt
The Bitcoin treasury giant sold $216 million worth of Bitcoin to cover preferred payouts, as an $8.3 billion quarterly loss piled up.
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news.bitcoin.com
Bitcoin Rebounds Above $63,500 After Strategy’s $216M Sale Triggers $214M in Short Liquidations
BTC nears $64K before a brief drop triggered by Strategy's $216M BTC sale. While critics shout "Ponzi," bulls point to a $2.5B USD reserve.
