Community Articles

via Bitcoin Magazine · By Bitcoin Magazine Editorial

5 Reasons Corporations Should Sell Bitcoin

BTC

BTC/USDT

$64,077.99
+0.83%
24h Volume

$9,125,449,515.36

24h H/L

$64,588.00 / $63,184.21

Change: $1,403.79 (2.22%)

Long/Short
63.2%
Long: 63.2%Short: 36.8%
Funding Rate

+0.0007%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,106.00

-0.30%

Volume (24h): -

Resistance Levels
Resistance 3$68,191.60
Resistance 2$66,178.85
Resistance 1$64,317.36
Price$64,106.00
Support 1$63,824.88
Support 2$61,834.89
Support 3$59,130.91
Pivot (PP):$64,264.42
Trend:Downtrend
RSI (14):40.0
BM
Bitcoin Magazine Editorial
(01:33 PM UTC)
1 min read
DK
Updated byDavid Kim
924 views
0 comments

Recently Strategy made headlines by saying that it might sell some bitcoin to meet business objectives. This came as a surprise to many people because of what was previously regarded as a hard-lined stance to never sell. Saylor even (jokingly) tweeted stuff like “Sell a kidney if you must, but keep the bitcoin.”

The reality is that bitcoin sales were always on the table for any bitcoin…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Bitcoin Magazine Editorial · Bitcoin Magazine

Read original →

Comments
Comments