Community Articles

via Cointelegraph · By Cointelegraph Staff

Michael Saylor Floated Bitcoin Sales Idea to Avoid ‘Impairing The Asset’

BTC

BTC/USDT

$63,140.06
+0.13%
24h Volume

$2,816,048,742.95

24h H/L

$63,390.00 / $62,968.45

Change: $421.55 (0.67%)

Long/Short
68.7%
Long: 68.7%Short: 31.3%
Funding Rate

+0.0043%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,164.00

0.12%

Volume (24h): -

Resistance Levels
Resistance 3$66,088.35
Resistance 2$64,507.45
Resistance 1$63,398.11
Price$63,164.00
Support 1$62,993.17
Support 2$61,814.38
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.9
CS
Cointelegraph Staff
(05:27 AM UTC)
1 min read
EW
Reviewed byEmily Watson

Strategy executive chairman Michael Saylor said he raised the possibility of selling Bitcoin during Strategy's recent earnings call to protect the asset's long-term interests.

“We own about $65 billion worth of Bitcoin. If the market thought we would never sell it, the credit rating agencies would say, Well then, I guess it’s not an asset,” Saylor told Scott Melker on The Wolf Of All Streets…

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

Cointelegraph Staff · Cointelegraph

Read original →

Comments
Comments