Strategy Sells Bitcoin Holdings for First Time in Over a Year

bitcoin strategy sec filing

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Strategy, a Bitcoin treasury firm, sold 32 BTC for $2.5 million, marking a shift from its "never sell" stance.
Funds will support preferred stock distributions.
The sale impacted Bitcoin's price, causing a short-term drop.

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Strategy, a Bitcoin treasury firm, sold 32 BTC for $2.5 million, marking a shift from its "never sell" stance. Funds will support preferred stock distributions. The sale impacted Bitcoin's price, causing a short-term drop.

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The crypto market, with Bitcoin near $64,000 and Ethereum at $1,890.60 (down 1.53%), awaits the Federal Reserve's decision, expected to hold rates at 3.50-3.75%. Institutional flows support ETH's recovery, but technical indicators (death cross, ADX, RSI) suggest a bearish bias until key resistances are cleared.

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Strategy Sells Bitcoin Holdings for First Time in Over a Year

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