Strategy sold 32 BTC for $2.5 million in late May, filing shows
Hex37's read
- Strategy sold 32 BTC for $2.5 million in late May.
- The sale occurred between May 26-31 at an average price of $77,135.
- Proceeds will fund distributions on preferred stock.
What it means for traders
- Large BTC sell-off by a single entity can impact short-term price action.
- Monitor for potential follow-on selling pressure if Strategy needs more funds.
Affected markets
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