Strategy Sells 1,690 BTC as MSTR Rejects $105 Level For the Third Time
Strategy sells 1,690 Bitcoin and raises $653M from MSTR shares, lifting its USD reserve to $4.65B.
A company called Strategy sold a big chunk of Bitcoin (kind of like selling a video game collection) and got $653 million in cash instead. When you see a company sell Bitcoin, watch whether they think the price might go down, or if they just need money for something else.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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