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Breaking: MicroStrategy Sells 704 Bitcoins (BTC) For First Time Due To This Reason

source-logo  coingape.com 28 December 2022 10:54, UTC

According to a filing with the SEC, the crypto-favoring company MicroStrategy has increased its Bitcoin (BTC) holdings by purchasing approximately 2,395 BTC for a total of $42.8 million in cash between November 1 and December 21. This transaction took place through the company’s MacroStrategy subsidiary. However, according to the official announcement, the company has also parted ways with a small chunk of its Bitcoin assets.

coingape.com