MicroStrategy Withdraws Bitcoin from Coinbase Prime Amid Sell-Off Fears

MicroStrategy reversed a recent deposit by withdrawing $30 million worth of Bitcoin (411.5 BTC) from Coinbase Prime, alleviating concerns about its first potential sale in years. The move reduced but did not eliminate elevated odds on prediction markets that the firm might sell some Bitcoin before year-end.

By Lockridge Okoth Sat, May 30, 2026 at 10:21 AM GMT+3 2 min read · Yahoo Finance ·

MicroStrategy Withdraws Bitcoin from Coinbase Prime Amid Sell-Off Fears

Tickers: $MSTR

Topics: Bitcoin BitMine Immersion Technologies Ethereum MicroStrategy on-chain activity

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