via Decrypt · By Decrypt Editorial
Michael Saylor's Bitcoin Treasury Firm Strategy Sells 32 BTC for $2.5M
BTC/USDT
$11,925,538,202.44
$64,823.52 / $63,270.00
Change: $1,553.52 (2.46%)
+0.0013%
Longs pay
Bitcoin treasury firm Strategy sold 32 BTC from its holdings last week for roughly $2.5 million, per an SEC filing. The average sale price was $77,135 per Bitcoin, and brings Strategy's holdings down to 843,706 BTC, worth approximately $61 billion at current prices.
Funds from the sale of BTC will be used to fund distributions on preferred stock, the firm said in the filing.
The sale sees the…
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