Mon, 11 Mabitcoin

Michael Saylor’s latest tax strategy echoes Strategy’s 2022 bitcoin sale

Burns Brief

Michael Saylor confirmed the company was prepared to sell bitcoin, reviving a tax loss harvesting strategy first used in 2022 The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.

Michael Saylor confirmed the company was prepared to sell bitcoin, reviving a tax loss harvesting strategy first used in 2022.

Key Takeaways