The pause in Strategy’s Bitcoin sales comes after the company sold 6,948 BTC for roughly $431.8 million since late May.
Stocktwits
MSTR Stock Gains After Michael Saylor’s Strategy Extends Bitcoin Buying Pause To Two Weeks, While Raising Another $263.5M
The company has now gone four consecutive weeks without increasing its Bitcoin position, including two weeks of sales followed by two weeks without purchases.
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Bitcoin Bear Sees BTC Sliding Toward $10K, Says Strategy’s Saylor Must Be ‘Stopped Out’
The comments follow Strategy's $216 million sale of Bitcoin on Monday to fund its STRC preferred stock program.
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Could The US Ever Bail Out Bitcoin? Some Say Strategy Makes The Idea Harder To Dismiss
The piece warned that Strategy selling Bitcoin into a falling market could turn reflexive, deepening its liquidity needs.