Nakamoto sold about $20 million of Bitcoin this year to raise U.S. dollar liquidity. The transaction is estimated to have resulted in a $13 million–$14 million loss based on the company's disclosed average purchase price of $118,171 per BTC and a recent sale price of $70,422. Nakamoto's Bitcoin holdings appear to have fallen from 5,342 BTC at the end of last year to about 5,050–5,100 BTC.
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Nakamoto Sells $20M of Bitcoin to Raise Dollar Liquidity
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