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Michael Saylor’s strategy just did the unthinkable — it held its first bitcoin liquidation
Quick Read Strategy (MSTR) sold 32 Bitcoin at $77,135 per coin to fund preferred stock obligations, breaking its “never sell” doctrine while holding 843,076 Bitcoin at an average cost of $75,699 per ...
The crypto market reacted negatively to Strategy’s small Bitcoin sale and investors sentiment was crushed. Will BTC and ...
Between May 26 and May 31, Strategy sold 32 coins for $2.5 million, and at an average of $77,135 per coin, according to a Monday filing. The sale comes after the company said it will pivot from Saylor ...
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Strategy’s $11.2 billion bitcoin loss sparks new fears over Michael Saylor’s treasury strategy
Strategy's 843,706 BTC position is sitting on an $11.2 billion unrealized loss as Bitcoin trades near $62,560, well below the ...
Strategy’s first Bitcoin sale sparked a selloff, with Grayscale warning its leveraged model limits future BTC buying as STRC ...
Earlier today, bitcoin dropped below $90,000 a coin. That’s down from a high of $126,000 – a 28% drop – which, in equities, would already qualify as a crash. However, this is bitcoin, and a true ...
Bitcoin has a high exchange rate because it’s in demand by investors. It can offer healthy returns and be exchanged for fiat ...
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