Strategy selling? Saylor’s Bitcoin transfer to Coinbase puts his treasury model under cash pressure
On May 29, Strategy (formerly MicroStrategy) moved greater than 411 Bitcoin to Coinbase Prime, drawing recent scrutiny to Michael Saylor’s financing model. Arkham Intelligence information confirmed two transfers of roughly 205.3 BTC and 206.2 BTC from Strategy-associated wallets earlier than the cash reached the vacation spot tackle. Strategy’s Bitcoin Transfer (Source: Arkham Intelligence) This motion…
