business
Live markets: bitcoin retreats under $72,000 as Strategy unloads BTC for first time in four years
Key takeaways
- Strategy (MSTR) in a Monday morning filing disclosed the sale of 32 bitcoin for $2.5 million.
- Bitcoin has slipped just below $72,000 on the news, down nearly 3% over the past 24 hours.
- Importantly, it's not the first time Saylor and team have sold some of their stack.
Compartilhe esta postagem Copiar link X icon X (Twitter)Linked In Facebook Email. It has begun: Strategy sells 32 bitcoin Michael Saylor weeks ago teased that it was coming, but the news for the moment is shocking already depressed crypto markets even further.
Strategy (MSTR) in a Monday morning filing disclosed the sale of 32 bitcoin for $2.5 million. The amount is a rounding error compared to the 840,000-plus BTC held by the company, but it's nevertheless significant, suggesting even larger sales down the road as Strategy looks to fund dividend payments on its high-yielding preferred stock STRC.
Bitcoin has slipped just below $72,000 on the news, down nearly 3% over the past 24 hours. MSTR shares are lower by 5.15% premarket.
Article preview — originally published by CoinDesk. Full story at the source.
Read full story on CoinDesk →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from CoinDesk alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop