Strategy

On June 29, Strategy quietly filed for the right to sell Bitcoin. We covered it while crypto twitter argued about whether it mattered. It is July 6. They’ve sold 3,588 BTC for $216 million, at prices below their own average cost, and the filing says the $1.25 billion program hasn’t even been touched yet. Also … Read more

So the company that turned “never selling” into a personality trait just quietly told the SEC it might start selling. Let’s talk about it. If you’ve been in crypto longer than five minutes you know Strategy. Used to be MicroStrategy, run by Michael Saylor, the guy who looks like he ascended to a higher plane … Read more