MicroStrategy Sells First Batch of Bitcoin in Nearly 4 Years; Crypto Market Reacts
MicroStrategy sold 32 Bitcoin for $2.5 million, marking its first BTC sale since December 2022. The move triggered a selloff with MSTR shares dropping 6% and Coinbase falling 5%. Both stocks have seen significant declines over the past year.
Topics: Bitcoin Coinbase MicroStrategy SEC filing Stock selloff