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

BTC

BTC/USDT

$79,966.00

+0.44%

$79,966.00

+0.44%

(24s)

24h Volume

$6,378,294,735.24

24h H/L

$80,200.00 / $79,442.00

Change: $758.00 (0.95%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

-0.0004%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$80,032.26

▲ 0.47%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$82,300.00

Price$80,032.26

Support 1$79,635.96

Support 2$76,187.99

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):67.2

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…