- Michael Celor’s strategy has registered a possible sale file to BTC.
- The deposit was then detected to be the scale of periodic risk detection.
Last week, it revolves around the global tariff negotiations of the United States of America. While the encryption market achieved its greatest success on Monday, they spent the two days to reward the apostasy. However, at the time of the press, the market has not yet recovered. In a positive note, the crime unit of the US Department of Justice was closed yesterday.
On the other hand, Michael Saylor Management Management, Strategy, drew the market attention through the last SEC file. The company presented Figure 8-k With the United States regulator. This model is a bitcoin sale strategy if the value decreases more.
Michael Sailor strategy has taken this measure because he must pay his debts. The company plans to do this by selling Bitcoin. The strategy currently owns 322.8k BTC, according to Arkham’s intelligence Data.
After that, as expected, the deposit caused many speculation in the market. Silor is known for his invitation to buy bitcoin despite the large decreases. The company resorted to selling warning devices that raise bitcoin on the market.
Is Michael Sailor strategy to sell BTC’s biases?
In more investigation, the 8-K model was discovered to be part of the procedural activities that are carried out every year. It is the standard risk detection process that the strategy has been implemented twice previously. In Q1 2024 and 2023, Michael Sailor provided the same deposit with SEC as a preventive measure.
This caused a wave of relief to sweep investors. The strategy has played an important role in institutional investment over the past few years. It is known that the company buys bitcoin at several lowest levels and fluctuations and works as an increase in confidence for private investors.
Meanwhile, during the past 24 hours, Bitcoin fell again to the level of 76 thousand dollars after it recently passed to $ 74,000 on April 6. Market analysts expect that the cryptocurrency will reach $ 70,000 in the coming days before a possible recovery.
The news of the encryption was highlighted today:
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