The bitcoin price hit an air pocket after Strategy (MSTR) revealed that it sold $216 million worth of the cryptocurrency last week to fund preferred stock dividends. MSTR stock also reversed lower after the filing, but Strategy shares and the iShares Bitcoin …
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Bitcoin is the world's largest cryptocurrency by market cap. This development may directly affect BTC price, miner activity, and overall crypto market sentiment. Traders and long-term holders alike should stay informed.
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