🛸 CASE FILE #71
Why Strategy Sold Bitcoin
Michael Saylor says the market believed Strategy was trapped — that the company was worthless and couldn't sell its Bitcoin
So Strategy sold some $BTC at $59,000
And according to Saylor, the stock traded higher afterward
👁 Why it matters
The sale wasn't necessarily a bearish call on #bitcoin
It was a way to prove Strategy's Bitcoin holdings were liquid, accessible and not a one-way position
Why Strategy Sold Bitcoin
Michael Saylor says the market believed Strategy was trapped — that the company was worthless and couldn't sell its Bitcoin
So Strategy sold some $BTC at $59,000
And according to Saylor, the stock traded higher afterward
👁 Why it matters
The sale wasn't necessarily a bearish call on #bitcoin
It was a way to prove Strategy's Bitcoin holdings were liquid, accessible and not a one-way position