Here’s Why MicroStrategy Sold 704 Bitcoins on December 22

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Here’s why MicroStrategy sold some of its bitcoins for the first time since it started accumulating the crypto asset in 2020. 
Publicly-traded business intelligence company MicroStrategy revealed that it sold part of its bitcoin stash on December 22 for tax purposes.

Although the firm later purchased more bitcoins, the sale defied its promise of never selling any portions of its BTC stash.