Selling Thousands of Bitcoin Did Not Negatively Impact Price, Michael Saylor Explains Strategy's Bitcoin Buying and Selling Approach
Odaily reports: Bitcoin News posted on X platform that Michael Saylor explained that Strategy intentionally wants investors to accept that selling Bitcoin is part of its overall financial strategy. When Strategy initially sold 32 Bitcoin, the market overreacted; subsequently, the market absorbed the sale of thousands of Bitcoin without any negative impact on price. Saylor stated that Strategy must be able to buy and sell Bitcoin when it serves the interests of shareholders and credit investors.
