Michael Saylor’s Strategy Sells First Bitcoin Since December 2022
- Strategy sold 32 BTC for $2.47 million, its first sale since December.
- Previously, the firm sold 704 BTC for approximately $11.8 million in December.
- Saylor had long advised against selling Bitcoin, stating to “never sell.”
- The firm still holds a total of 843,706 BTC valued at around $60.3 billion.
This sale represents a notable shift in Strategy’s approach to Bitcoin as it looks to fund dividends and stabilize market perceptions. The company remains the largest corporate holder of Bitcoin, with substantial investments made over recent years.
The recent sale of BTC marks a significant change in strategy for Saylor’s firm, reflecting evolving financial tactics while still maintaining a strong Bitcoin position overall. (Source)
