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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$79,576.00
-0.22%
24h Volume

$7,689,572,372.51

24h H/L

$80,200.00 / $79,233.00

Change: $967.00 (1.22%)

Long/Short
52.9%
Long: 52.9%Short: 47.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,810.00

-0.03%

Volume (24h): -

Resistance Levels
Resistance 3$88,315.23
Resistance 2$82,260.41
Resistance 1$79,878.00
Price$79,810.00
Support 1$79,635.96
Support 2$77,546.36
Support 3$73,033.65
Pivot (PP):$79,824.58
Trend:Sideways
RSI (14):66.7
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…

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Source

Cointelegraph Staff · Cointelegraph

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