Bitwise CIO Matt Hougan breaks down why Strategy's Bitcoin sales didn't crash the market
Strategy, the company formerly known as MicroStrategy that essentially turned itself into a publicly traded Bitcoin piggy bank, did something it almost never does: it sold Bitcoin. Over $200 million worth, to be precise.The market's response? Bitcoin rallied to approximately $64,000. Bitwise Chief…
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.