Crypto Currency

Bitcoin Prices Should Not Distract From The Need For Better Regulation

With bitcoin briefly touching all time levels in March 2024, bitcoin and crypto investors have had plenty to celebrate so far this year. Following the approval of bitcoin spot ETFs, and after weathering the price declines and public doubters that followed, the price of bitcoin and many other cryptoassets have been on a rapid increase.

With bitcoin briefly touching all time levels in March 2024, bitcoin and crypto investors have had plenty to celebrate so far this year. Following the approval of bitcoin spot ETFs, and after weathering the price declines and public doubters that followed, the price of bitcoin and many other cryptoassets have been on a rapid increase.
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Crypto Currency

Strategy Sells Bitcoin for First Time Since 2022 While Still Holding 843,706 BTC

Key Takeaways: It was the first Bitcoin sale since 2022 as Strategy sold 32 BTC for $2.5 million. Distribution of proceeds to be used on the company’s preferred stock. Following The post Strategy Sells Bitcoin for First Time Since 2022 While Still Holding 843,706 BTC appeared first on CryptoNinjas…

Key Takeaways: It was the first Bitcoin sale since 2022 as Strategy sold 32 BTC for $2.5 million. Distribution of proceeds to be used on the company’s preferred stock. Following
The post Strategy Sells Bitcoin for First Time Since 2022 While Still Holding 843,706 BTC appeared first on CryptoNinjas…
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Crypto Currency

Strategy Sells Bitcoin for First Time in Years, Breaks the “Never Sell” Mantra

Thirty-two Bitcoin, Roughly $2.5 million at current prices, for a company sitting on 843,706 BTC worth over $60 billion, that is barely a rounding error on the balance sheet. But the significance of what Strategy just did has almost nothing to do with the size of the sale and everything to do with what it

Thirty-two Bitcoin, Roughly $2.5 million at current prices, for a company sitting on 843,706 BTC worth over $60 billion, that is barely a rounding error on the balance sheet. But the significance of what Strategy just did has almost nothing to do with the size of the sale and everything to do with what it …
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Crypto Currency

Why Did Strategy Sell Bitcoin?

The post Why Did Strategy Sell Bitcoin? appeared first on Coinpedia Fintech News Strategy sold 32 BTC (about $2.5 million) primarily to fund preferred stock dividend payments and manage treasury operations, not because it is abandoning its Bitcoin strategy. The sale represents just 0.004% of its 843,706 BTC holdings and is the company’s first Bitcoin

The post Why Did Strategy Sell Bitcoin? appeared first on Coinpedia Fintech News
Strategy sold 32 BTC (about $2.5 million) primarily to fund preferred stock dividend payments and manage treasury operations, not because it is abandoning its Bitcoin strategy. The sale represents just 0.004% of its 843,706 BTC holdings and is the company’s first Bitcoin sale since its 2022 tax-loss transaction…
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Crypto Currency

Breaking: Strategy Sells 32 Bitcoin for First Time Since 2022

The post Breaking: Strategy Sells 32 Bitcoin for First Time Since 2022 appeared first on Coinpedia Fintech News Strategy, the company led by Michael Saylor, has sold 32 Bitcoins for approximately $2.5 million, according to a recent SEC filing. The transaction was completed between May 26 and May 31 at an average price of $77,135

The post Breaking: Strategy Sells 32 Bitcoin for First Time Since 2022 appeared first on Coinpedia Fintech News
Strategy, the company led by Michael Saylor, has sold 32 Bitcoins for approximately $2.5 million, according to a recent SEC filing. The transaction was completed between May 26 and May 31 at an average price of $77,135 per BTC…
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