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PiCK

Strategy-Linked Wallet Moves 1,030 Bitcoin, Fueling Speculation of Another Sale

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Summary

  • A wallet linked to Strategy may be preparing to sell additional Bitcoin (BTC).
  • The wallet transferred 1,030 BTC (about $66.14 million) to an external address roughly two hours earlier.
  • Lookonchain said the transfer could lead to another Bitcoin sale by Strategy.

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Photo: Lookonchain
Photo: Lookonchain

Michael Saylor-led Strategy may be preparing to sell more of its Bitcoin holdings.

On Aug. 4, on-chain analytics platform Lookonchain said a wallet linked to Strategy transferred 1,030 Bitcoin worth about $66.14 million to an external address roughly two hours earlier.

Lookonchain said the transfer could precede another Bitcoin sale by Strategy.

shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit

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