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