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Strategy May Sell Bitcoin, Bitcoin Community Reacts
Description
Michael Saylor, Strategys chairman, hints at a potential change in the companys Bitcoin stance. He suggests a possible sale of Bitcoin holdings before year-end, diverging from their previous never sell policy. Strategy aims to maximize Bitcoin per share by 2033, using advanced models to manage equity, credit, and cash. The Bitcoin community has viewed Strategys purchases positively, but a potential sales reaction remains uncertain. Strategy holds over 843,000 Bitcoins, bought at an average of $75,700 each, currently trading slightly below this price. Strategys stock has fluctuated, reflecting market movements, as the company focuses on optimizing performance for the next seven years.
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