forbes.com·3 min read·medium

Saylor’s Strategy Sells Over $100 Million in Bitcoin

Z
Zachary Folk
Saylor’s Strategy Sells Over $100 Million in Bitcoin
AI Summary

Michael Saylor’s firm, Strategy, sold 1,638 bitcoin for $104.7 million to bolster cash reserves amid a period of cryptocurrency market volatility. Despite the sale, the company maintains a massive holding of over 840,000 bitcoin, which currently sits at an average purchase price higher than the asset's current market value.

Breaking News Saylor’s Strategy Dumps $100 Million In Bitcoin As Crypto’s Struggles Persist By Zachary Folk ,

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