Strategy Just Made a Major Bitcoin Buy After Selling For the First Time Since 2022. What Does It Mean for Bitcoin Investors?

Strategy (NASDAQ: MSTR), formerly known as MicroStrategy, was once a slow-growth software company. But in 2020, its co-founder and executive chairman, Michael Saylor, directed the company to start hoarding Bitcoin (CRYPTO: BTC). Today, it's the world's largest corporate holder of Bitcoin.Saylor has repeatedly told investors to "never sell" their Bitcoin, and he boldly predicted its price would surge to $21 million by 2046. Strategy has only sold Bitcoin twice: 704 Bitcoins for $11.8 million in Dec. 2022, and another 32 Bitcoins for $2.5 million in May 2026. It still holds 845,256 Bitcoins, or 4% of all the Bitcoins that will ever be produced, which are worth $53.8 billion today.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool