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MicroStrategy Withdraws 30 Million in Coinbase Prime Bitcoin and Dispels Fears of Mass Sale
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Last Wednesday, Bitcoin's transaction trackers detected an unusual move: 411.5 BTC, equivalent to about $30 million, entered Coinbase Prime, the institutional custody and trading platform. The relevant thing was not only the amount, but the sender: one of the portfolios linked to MicroStrategy (now Strategy), the company that accumulates the most bitcoins in its balance sheet. The market, always attentive to Michael Saylor's footsteps, reacted n…
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