Investor's Business Daily on MSN

Strategy curbs bitcoin buying but may start selling

Strategy's sudden shift is negative for the bitcoin price.
MSTR, the bitcoin treasury company led by executive chairman Michael Saylor, disclosed Monday that it acquired an additional ...
"Yeah, we'll probably sell some bitcoin," Strategy chair Saylor said during the company's most recent earnings call in early ...
Michael Saylor said the average purchase price of this latest addition to Strategy's treasure was just under $81,000 per BTC.
Strategy is shifting from passive bitcoin accumulation to actively managing balance sheet to boost bitcoin per share value.
Strategy purchased 24,869 Bitcoin last week for $2 billion, channeling billions of dollars that came from its flagship ...