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Strategy Sells Bitcoin for First Time in Four Years, Triggering Crypto Selloff
Michael Saylor's firm, Strategy, has sold Bitcoin for the first time in nearly four years, offloading 32 BTC for $2.5 million. This sale triggered a crypto selloff, with Strategy shares dropping 6% and Coinbase falling 5%.
1 Jun, 12:26 — 1 Jun, 13:28
The Story
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High (51/100)4 sources30/33
Spectrum spread— 3/5 buckets covered17/33
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Sources
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bloombergHigh9h ago
Saylor’s Strategy Follows Through on Pledge to Sell Some Bitcoin - Bloomberg.com
Saylor’s Strategy Follows Through on Pledge to Sell Some Bitcoin Bloomberg.com
Read full article →cnbcMostly Factual8h ago
Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022
Michael Saylor's Strategy sold bitcoin for the second time ever as geopolitical uncertainty continues to weigh on the cryptocurrency's price.
Read full article →seeking-alphaMixed8h ago
Investors alert: Strategy sells 2.5M bitcoin for the first time in 41 months
Read full article →Coverage Timeline
First report: bloomberg · 1 Jun, 12:26|Full coverage: 4 · 2h|Window: 2h
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