5 Reasons Corporations Should Sell Bitcoin

BTC

BTC/USDT

$79,615.94

-1.49%

$79,615.94

-1.49%

(24s)

24h Volume

$20,997,915,259.27

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.2%

Long: 52.2%Short: 47.8%

Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,569.09

▼ -0.12%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,478.87

Resistance 1$79,916.17

Price$79,569.09

Support 1$79,507.02

Support 2$76,170.88

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.1

Bitcoin Magazine Editorial

(01:33 PM UTC)

1 min read

Updated byDavid Kim

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…