Bitcoin is having a rough day, down $4100 to $94,640.
One of the reasons is a report from Arkham data, which shows that Strategy (formerly Microstrategy) has reportedly reduced bitcoin holdings by 47,000, bringing total holdings down to approximately 437,000.
The implication is that he has sold some bitcoin, which would be a first. However it’s likely just a shift of wallets, particularly since Saylor is going on CNBC shortly.
This article was written by Adam Button at investinglive.com.