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via Cointelegraph · By Cointelegraph Staff
Strategy’s Bitcoin Sale Reshapes Debate Around BTC Treasury Companies
BTC
BTC/USDT
$62,998.75
-0.06%
$62,998.75
-0.06%
(24s)24h Volume
$2,188,935,846.80
24h H/L
$63,175.00 / $62,946.58
Change: $228.42 (0.36%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0033%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(06:25 PM UTC)
1 min read
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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