Michael Saylor's Strategy authorizes the sale of $5 billion in BTC
2026-08-01 21:19:24
According to CoinMeta, as reported by Coindesk, Michael Saylor's Strategy incurred a loss of $8.22 billion in the second quarter and subsequently authorized the sale of up to $5 billion worth of BTC. Its holdings of 843,775 BTC resulted in a book loss of $9 billion, prompting the company's position holding strategy to shift from never selling to active capital management.
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