Strategy sends $30M in Bitcoin to Coinbase as MSTR stock slides
Strategy sends $30M in Bitcoin to Coinbase as MSTR stock slides
Strategy transferred 411.48 Bitcoin worth about $30.3 million to Coinbase Prime, according to Lookonchain data.The transfer comes after Michael Saylor said Strategy could sell some Bitcoin as part of its capital management strategy.MSTR stock has fallen nearly 22% since May 11 as the company paused Bitcoin purchases and focused on debt repurchases.