Michael Saylor

Strategy may sell $4.5B more in Bitcoin, analysts warn

Strategy, the company formerly known as MicroStrategy and long the largest corporate holder of Bitcoin, sold 1,690 BTC for $108.6 million during the week of August 3 to August 9, according to an SEC Form 8-K filing disclosed on August…

Bitcoin tests historic 200-week support after 51% drop from all-time high

Bitcoin is trading near $63,000 as it tests its 200-week moving average — a long-term support indicator that has historically marked cycle bottoms — for the fourth time in the cryptocurrency's 15-year history. The test comes after a 51% decline…

JPMorgan downplays risk from Strategy’s Bitcoin sales

Strategy, the enterprise software company turned digital asset treasury, sold 3,588 Bitcoin for approximately $216 million between June 29 and July 5, marking its largest cryptocurrency disposal in six years of accumulating the asset. The sale, disclosed in a Form…

Strategy sells 3,588 bitcoin for $216M to fund dividends

Bitcoin slipped on Monday after Strategy disclosed that it sold 3,588 BTC for approximately $216 million between June 29 and July 5, marking a dramatic escalation in the company's willingness to liquidate its cryptocurrency holdings to meet financial obligations.