Funding
Strategy Sells Bitcoin for $21.5M
OKX, a cryptocurrency exchange, has announced that its CEO, Michael Saylor, has sold 250 bitcoins for $21.5 million. This sale brings Strategy's total holdings of bitcoins to 848,250, accounting for approximately 4% of the total 21 million bitcoins in circulation. The announcement highlights Strategy's commitment to maintaining a significant presence in the digital asset market, despite the volatile nature of the market and the potential for loss in principal. This funding round is part of Strategy's broader strategy to support the growth and development of the digital asset ecosystem.