Strategy (MSTR) Buys $43 Million More Bitcoin After Saylor Defends Potential BTC Sales
Bitcoin Magazine
Strategy (MSTR) added 535 bitcoin to its treasury for $43 million, maintaining its commitment to long-term accumulation despite potential tax-related sales.Summary
Strategy (MSTR) has purchased 535 additional bitcoin for approximately $43 million, bringing its total holdings to 818,869 BTC. This acquisition follows recent comments from executive chairman Michael Saylor regarding the possibility of selling portions of the company's bitcoin holdings for tax-loss harvesting purposes, a strategy intended to optimize the firm's overall bitcoin-per-share metric. While the potential for sales previously caused market concern, Saylor reiterated that the company remains a net accumulator, aiming to end each year with more bitcoin than it started.
(Source：Bitcoin Magazine)