Strategy’s Days of Never Selling Bitcoin Are Done
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Strategy, a company led by Michael Saylor, may sell some of its bitcoin holdings, marking a shift from its previous stance of never selling. The company could potentially sell up to $1.25 billion in bitcoin if it needs cash, although it is unclear when or if sales will occur. Some market participants have weighed in on the potential impact of such sales on the bitcoin price, with predictions ranging from a potential boost to a "parabolic rally".
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