Morning Minute: Strategy Turns Net Seller

Decrypt·

Morning Minute: Strategy Turns Net Seller

60-second summary

Michael Saylor is now a major Bitcoin seller, reportedly unloading a significant portion of his holdings. Meanwhile, a memecoin is being exploited via governance, allowing malicious actors to drain funds. Meanwhile, Bernstein reiterates its $150k BTC call, citing a potential long-term price surge, which could see Bitcoin's value more than double in the coming years.

Michael Saylor becomes a major Bitcoin seller. A memecoin gets "exploited" via governance. And Bernstein doubles down on a $150k BTC call.