SEC filing: Strategy sold 32 bitcoin between May 26 and May 31 for ~$2.5M, at an average net price of $77,135 per coin, its first disclosed bitcoin disposal
Took Saylor 6 months from teasing the premise of “selling” BTC to actually start selling. Feels somewhat priced locally, but longer term, holders are forced to reconsider their multi-year theses. “Only” buyer narrative broken. Be intrigued to see this weeks net ETF flows.