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Layah Heilpern: Strategy sells 3,588 Bitcoin for $225.6 million

Layah Heilpern: Strategy sells 3,588 Bitcoin for $225.6 million
Strategy sells Bitcoin for $225.6 million

Layah Heilpern, owner and host of The Layah Heilpern Show, reports that Strategy has sold 3,588 Bitcoin valued at $225.6 million.

Heilpern comments that the company tends to buy at market peaks and sell at market lows, yet some observers still advocate following its investment decisions.

Earlier this year, Heilpern reacted to Strategy’s plan to sell $1.25 billion in bitcoin, questioning whether the market had reached its bottom in her report on the sale program. She also commented on Bitcoin’s move up from a 652-day low, cautioning investors against overreacting and changing strategies based on short-term moves in an article about the market rebound. Strategy’s latest sale comes as such shifts continue to draw commentary from market observers.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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