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BREAKING: Michael Saylor's 'Strategy' sells $216M worth of Bitcoin.
Strategy sold 2,225 BTC at an average price of $60,773, generating approximately $135 million.
Just a week earlier, the company sold 1,363 BTC at an average price of $59,256 for about $81 million.
In the last two weeks alone, Strategy has sold 3,588 BTC for a combined $216 million.
The sales are part of Strategy's new Bitcoin Monetization Program, under which the board authorized the company to monetize up to $1.25 billion of its Bitcoin holdings while retaining the vast majority of its BTC.
Strategy still holds 843,775 BTC, acquired at an average cost of $75,476 per Bitcoin.
@MWFaithOfficial Not the best thing to do. This was not a mosque. This was not his home or his property. He should have respected the place. This isn't islam. I respect him, he is trying to follow his faith, but learn the faith and Islam doesn't condone this behaviour.