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via Decrypt · By Decrypt Editorial
Will Strategy's Peers Dump Bitcoin Now? Not so Fast, Analysts Say
BTC
BTC/USDT
$64,836.01
+0.97%
$64,836.01
+0.97%
(24s)24h Volume
$18,042,961,204.03
24h H/L
$65,043.94 / $63,267.34
Change: $1,776.60 (2.81%)
Long/Short
58.2%
Long: 58.2%Short: 41.8%
Funding Rate
+0.0064%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(04:31 PM UTC)
1 min read
In brief
- Bitcoin treasury firm Strategy sold Bitcoin for the first time since 2022 Monday, offloading 32 BTC for $2.5 million.
- Analysts argued that other digital asset treasuries are unlikely to follow suit, with their individual finances a determining factor in whether they sell their crypto holdings.
- Strategy’s BTC sale is “showing its Bitcoin holdings are one of several funding tools it can…
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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