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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$61,300.01
-2.29%
24h Volume

$30,287,238,358.49

24h H/L

$63,239.06 / $59,102.70

Change: $4,136.36 (7.00%)

Long/Short
67.8%
Long: 67.8%Short: 32.1%
Funding Rate

+0.0002%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$61,280.09

0.33%

Volume (24h): -

Resistance Levels
Resistance 3$64,719.41
Resistance 2$63,339.48
Resistance 1$61,871.62
Price$61,280.09
Support 1$61,067.23
Support 2$59,097.49
Support 3$52,643.43
Pivot (PP):$61,309.14
Trend:Downtrend
RSI (14):34.2
CS
Cointelegraph Staff
(05:27 AM UTC)
1 min read
EW
Reviewed byEmily Watson
708 views
0 comments

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…

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.

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Source

Cointelegraph Staff · Cointelegraph

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