MicroStrategy Bitcoin Selloff Rumor Fails to Move Markets
TL;DR Summary
Unconfirmed on-chain data suggested MicroStrategy moved 491 BTC on July 1, fueling rumors of a new sale, but there is no SEC filing or confirmation from Michael Saylor; Bitcoin shrugged off the rumor and rose above $61,800 by July 3, indicating demand currently outweighs concerns while MicroStrategy had authorized up to $1.25 billion in tactical BTC sales and had previously sold 32 BTC in May.
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