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Home›Crypto›Market Structure›Strategy CEO explains selling near $60K and rebuying a…

Strategy CEO explains selling near $60K and rebuying at $80K

The firm sold millions of bitcoin in the low $60,000s before repurchasing at $80,000, and Decrypt says it is laying out its reasoning for both trades.

Reported · Written up by our desk · Market Structure

Decrypt reports that Strategy CEO shared the rationale behind the firm’s recent bitcoin trading activity, including why it sold at higher levels and later bought back at a higher price.

The outlet says Strategy sold millions in bitcoin when prices were in the low $60,000 range, then rebought at $80,000, and it is now discussing what drove those decisions.

The reporting focuses on the timing and justification for the company’s buy and sell moves rather than any new guidance or outcome data.

Latest closeBitcoin $81,004.44 ▲4.8%

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Sources

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