BUSINESSMARKETWATCH
Strategy’s stock drops after rare bitcoin sale tests ‘never sell’ narrative
Strategy's stock declined following a rare bitcoin sale, challenging the company's 'never sell' narrative and unsettling investors who viewed it as a one-way bet on cryptocurrency.
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Adjacent reporting
- Goldman Sachs Sold Every XRP and Solana ETF It Owned as XRP Price Crashed
- Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022
- Coinbase turns into a poster child for the crypto selloff
- Ark Invest buys $39 million worth of Robinhood shares, offloads $6 million of its own spot bitcoin ETF
- The DAT collapse: Pantera wants Satsuma to dump its bitcoin as shares crash 99%
- Strategy (MSTR) Sells Bitcoin for First Time in Years as Bitcoin Price Tumbles