Strategy sold bitcoin for the first time in four years, breaking Saylor’s “never sell” iron law. slipped below $70K and fell nearly 6% in a day. Buying at a record pace while starting to sell, what is the world’s largest DAT company afraid of? And did it just sell off its most precious asset, its faith?
On June 1, Strategy sold bitcoin for the first time in four years, shattering the “never sell” creed; bitcoin dropped on the news, breaking below $70K and falling more than 9% over 7 days.
Source: @BITofficial_CN
What broke is a promise, not a policy. For years Michael Saylor preached “never sell,” making him the chief evangelist of that conviction. That’s why the size barely matters. So even at 32 coins, what matters is that the…
