BREAKING: Bitcoin just dropped below $72,000 after Michael Saylor's Strategy disclosed its first Bitcoin sale in 3.5 years.
In December 2022, Strategy sold 704 BTC to realize a tax loss, then bought back 810 BTC just 2 days later.
This sale is 32 BTC worth $2.5 million.
Earlier last month Saylor said, "Strategy could sell Bitcoin to fund dividends, but it would buy 20 BTC for every one it sells"
Strategy still holds 843,706 BTC, roughly 4% of Bitcoin's entire supply purchased for $63.86 billion.
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