In a shocking but expected move, Strategy (NASDAQ:) announced that it has sold over $213 million of its holdings. Saylor’s Strategy sold 3,588 BTC to fund preferred dividends. The news created a massive stir in the market, leading to a significant drop in the price of BTC.

The price of Bitcoin dropped rapidly from $64,000 to approximately $61,000. However, BTC has shrugged off the losses following comments from President Donald Trump. The U.S. president announced that he’s become ‘a big crypto guy,’ causing BTC price to rebound from the losses. 

Bitcoin Drops As Strategy Sells $213 in BTC

The crypto market initially took a hard hit after some surprising corporate disclosures. The biggest BTC holder Strategy revealed a major…