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via BeInCrypto · By BeInCrypto Editorial

Was MicroStrategy and Saylor Right to Sell Some Bitcoin? The Maximalism Debate

BTC

BTC/USDT

$63,294.23
+0.97%
24h Volume

$26,209,681,543.42

24h H/L

$64,700.00 / $61,306.84

Change: $3,393.16 (5.53%)

Long/Short
63.5%
Long: 63.5%Short: 36.4%
Funding Rate

+0.0045%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,154.00

-1.39%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,548.08
Resistance 1$63,157.42
Price$63,154.00
Support 1$61,910.67
Support 2$57,800.19
Support 3$50,986.64
Pivot (PP):$63,422.67
Trend:Downtrend
RSI (14):49.5
BE
BeInCrypto Editorial
(10:00 PM UTC)
1 min read
SC
Reviewed bySarah Chen
604 views
0 comments

Strategy (formerly MicroStrategy), the largest corporate Bitcoin holder, sold 32 BTC for roughly $2,5 million between May 26 and 31, marking its first crypto sale since 2022. Although the BTC sold represents only 0.004% of the company’s entire treasury, the move is symbolic for Bitcoin maximalists and detractors alike.

We break down what happened, the voices defending the move, and the analysts…

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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BeInCrypto Editorial · BeInCrypto

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