Michael Saylor's Strategy Is Selling Bitcoin Again. Here's Why I'm Still Bullish on Bitcoin.
Key PointsStarting in May, Strategy has recorded at least five different sales of Bitcoin, including another $100 million sale in August.
Key PointsStarting in May, Strategy has recorded at least five different sales of Bitcoin, including another $100 million sale in August.
BELLINGS Intelligence Score: 10
Why it matters
Michael Saylor's Bitcoin sales represent routine market activity within the cryptocurrency space without broader implications for credit markets or monetary policy.
Sources
Nasdaq
Michael Saylor's Strategy Is Selling Bitcoin Again. Here's Why I'm Still Bullish on Bitcoin.
Key PointsStarting in May, Strategy has recorded at least five different sales of Bitcoin, including another $100 million sale in August.