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via Cointelegraph · By Cointelegraph Staff

Strategy’s Bitcoin Sale Reshapes Debate Around BTC Treasury Companies

BTC

BTC/USDT

$84,262.01

-0.19%

$84,262.01

-0.19%

(24s)

24h Volume

$15,067,536,474.60

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

Cointelegraph Staff

(06:25 PM UTC)

1 min read

Updated byJames Mitchell

0 comments

Shares of Michael Saylor’s Strategy fell Monday after the company disclosed its first Bitcoin sale since adopting a “never sell” philosophy, prompting fresh scrutiny of the corporate Bitcoin treasury model.

Nasdaq-traded MSTR stock was down more than 6.5% to start off the week before paring back some of that decline by early afternoon on Monday.

Although short-term price action rarely determines…

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Cointelegraph Staff · Cointelegraph

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