Michael Saylor's Strategy Bitcoin (BTC USD) sale : Strategy, the largest publicly traded corporate holder of Bitcoin, sold 32 Bitcoin for about $2.5 million last week, its first recorded sale since the crypto downturn in late 2022, as per a report.
According to a regulatory filing, the proceeds are intended to help fund distributions on the company’s preferred stock. The move comes at a time when both crypto markets and investor sentiment are showing noticeable shifts.