Tax Attorney Analyzes MicroStrategy’s Bitcoin Sales
A Dec. 28 filing with the U.S. Securities and Exchange Commission (SEC) indicated the first time the company has sold some of its BTC since adopting the major cryptocurrency as its primary treasury asset. MicroStrategy caused a stir in the industry in 2021 when it started accumulating large amounts of BTC. And its founder, Michael […]
MicroStrategy is selling its bitcoins
MicroStrategy recently sold some of its bitcoins! What is this for?
MicroStrategy’s purchase of Bitcoin divides the cryptocurrency community
After MicroStrategy announced the purchase of at least 2,300 Bitcoins, the crypto community split into pro and con opinions. Software analytics firm MicroStrategy recently added more Bitcoin to its holdings. Following this fact, members of the cryptocurrency community have reacted in different ways. As previously reported, MicroStrategy CEO Michael Saylor announced that the company had […]
MicroStrategy sells bitcoin for the first time, but increases its BTC fund
MicroStrategy sold 704 bitcoins from its reserves last Thursday, December 22, they reported on Wednesday. MicroStrategy sold bitcoin (BTC) for the first time since it began buying the cryptocurrency in 2020. But then it increased its fund. The company itself reported the sale of approximately 704 BTC through its filing with the United States Securities […]