Michael Saylor's Bitcoin Treasury Firm Strategy Sells 32 BTC for $2.5M

Bitcoin treasury firm Strategy sold 32 BTC from its holdings last week for roughly $2.5 million, per an SEC filing. The average sale price was $77,135 per Bitcoin, and brings Strategy's holdings down to 843,706 BTC, worth approximately $61 billion at current prices. Funds from the sale of BTC will be used to fund distributions on preferred stock, the firm said in the filing. The sale sees the Bitcoin treasury firm abandoning its long-held "never sell" stance....