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Is Michael Saylor Selling Bullish for Bitcoin Bullish? The Answer May Surprise You - Strategy (NASDAQ:MST
Strategy's sale of 3,588 Bitcoin should be viewed in the context of its much larger accumulation strategy, with Jesse Myers noting selling was only a small fraction. Experts broadly agreed that the bigger determinant of BTC's next move will be macro liquidity and monetary conditions rather than Strategy's treasury management alone.
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coindesk.com
Michael Saylor's Strategy dramatically ups pace of bitcoin sales, raising $216 million
The company sold 3,588 bitcoin last week to replenish its dollar reserves for dividends on its preferred stock.
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bitcoinmagazine.com
Strategy (MSTR) Sells 3,588 Bitcoin, Raises $216 Million
Strategy (MSTR) sold a record 3,588 bitcoin for $216 million to fund preferred stock dividends.
