Analysts divided on message of Strategy's small bitcoin sale

The move suggests a greater willingness on the part of Michael Saylor and Strategy to use BTC holdings to support the capital structure, said one analyst, while others disagreed. What to know : Strategy’s sale of 32 bitcoin, its first in four years, raised questions about whether the company is shifting its long-standing accumulation strategy. Two Wall Street analysts said the roughly $2.5 million sale was economically immaterial and viewed it as a tactical move to help fund preferred-stock dividends rather than a meaningful policy change, while another suggested something larger was afoot. Strategy is lower by 5% on Monday, while bitcoin has fallen back to a near two-month low of $71,000.(Coindesk)