Strategy Moves Bitcoin To Coinbase: Here’s What It Means For MSTR

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Strategy Inc. (NASDAQ:MSTR) on Thursday deposited 411 Bitcoin (CRYPTO: BTC) worth $30.3 million into Coinbase Prime, pushing Polymarket odds of the company selling Bitcoin before year-end to 84%.

Le Acknowledges Bitcoin Sale Is Possible, But Frames It As Accretive

Strategy CEO Phong Le addressed the sale speculation directly in a Fox Business interview the same day.

While long-term philosophy calls for accumulating Bitcoin, he acknowledged that a week-to-week decision to sell could happen if it increases Bitcoin per share for shareholders. 

The company also holds unrealized tax losses it can capitalize on, giving it a practical reason to sell at some point.

“We will be net increasing our Bitcoin and more importantly increasing our Bitcoin per share,” Le stated, framing any potential sale as a tool rather than a retreat. 

Strategy last bought Bitcoin …

Full story available on Benzinga.com

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