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via Cointelegraph · By Cointelegraph Staff

Strategy’s Bitcoin Sale Reshapes Debate Around BTC Treasury Companies

BTC

BTC/USDT

$64,189.99

-0.38%

$64,189.99

-0.38%

(24s)

24h Volume

$11,435,019,586.60

24h H/L

$64,823.52 / $63,270.00

Change: $1,553.52 (2.46%)

Long/Short

62.2%

Long: 62.2%Short: 37.9%

Funding Rate

+0.0034%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,238.93

▲ 1.46%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$66,408.11

Resistance 1$64,699.58

Price$64,238.93

Support 1$64,165.81

Support 2$61,874.74

Support 3$59,130.91

Pivot (PP):$64,124.82

Trend:Downtrend

RSI (14):41.8

Cointelegraph Staff

(06:25 PM UTC)

1 min read

Updated byJames Mitchell

1204 views

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…

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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