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CoinGape

Is MicroStrategy Preparing to Sell Bitcoin Holdings?

CoinGape
Summary
Nutrition label

68% Informative

MicroStrategy, the largest publicly traded Bitcoin holder, recently moved 1,652 BTC worth $114.38 million to a new wallet.

This move comes after its Q3 2024 earnings, raising speculation within the crypto community.

The company now holds 252,220 BTC, with an average buy price of $ 39,266 , making an unrealized profit of $7.65 billion .

They plan to raise $42 billion over the next three years to further increase their Bitcoin holdings.

VR Score

51

Informative language

41

Neutral language

28

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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