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

BTC

BTC/USDT

$63,085.15

+0.12%

$63,085.15

+0.12%

(24s)

24h Volume

$2,093,668,120.83

24h H/L

$63,175.00 / $62,968.45

Change: $206.55 (0.33%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0033%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,067.02

▼ -0.03%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$63,067.02

Support 1$62,882.63

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.1

BeInCrypto Editorial

(10:00 PM UTC)

1 min read

Reviewed bySarah Chen

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…