🚨 Michael Saylor just sold BTC for the first time in a while.
Company Strategy offloaded 32 BTC for about $2.5 million at an average price of ~$77,135 per coin.
At first glance, the amount seems small, but the market took notice:
❗️ This is the first BTC sale by the company since December 2022.
Back then, Strategy sold 704 BTC for tax optimization, only to buy back 810 BTC two days later.
Currently, the company’s balance holds 843,706 BTC valued at over $60 billion, so it's too early to talk about a strategy shift.
Debate has sparked in the crypto community:
▪️ Some see this as regular balance management and a dividend payout for preferred shares.
▪️ Others wonder: if the mantra for years has been 'Never Sell Bitcoin', why are they selling BTC now?
▪️ Some market participants speculate that this might have been a test to gauge investor reaction to the sale.
Interesting note: when Strategy buys Bitcoin, Michael Saylor usually comments actively on social media. This time, the market learned about the sale only from official reports.
📌 For now, 32
$BTC is just a drop in the ocean compared to the company's reserves. But the fact that one of the most well-known Bitcoin maximalists sold is noteworthy.
#StrategyFirstBitcoinSale