Trump’s Crypto Praise Lifts Bitcoin as Strategy Sells BTC

1 min read
Source: CNBC
Trump’s Crypto Praise Lifts Bitcoin as Strategy Sells BTC
Photo: CNBC
TL;DR Summary

Bitcoin climbed about 1.8% after President Trump said he’s “a big crypto guy,” offsetting earlier losses sparked by Strategy Inc.’s disclosure of roughly $216 million in BTC sales; Strategy still holds about 843,775 BTC worth around $52 billion with an average cost of $75,476, and its shift to selling for capital allocation has weighed on sentiment.

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