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via Cointelegraph · By Cointelegraph Staff
Strategy’s Bitcoin Sale Reshapes Debate Around BTC Treasury Companies
BTC
BTC/USDT
$79,754.00
-0.07%
$79,754.00
-0.07%
(24s)24h Volume
$6,282,124,759.74
24h H/L
$80,200.00 / $79,442.00
Change: $758.00 (0.95%)
Long/Short
52.8%
Long: 52.8%Short: 47.3%
Funding Rate
+0.0008%
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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