Saylor's Strategy sold bitcoin for the first time since 2022. These firms are still buying
Crypto
Michael Saylor's Strategy sold bitcoin for the first time since 2022, breaking a closely-watched accumulation streak as bitcoin ETFs post their largest weekly outflow of the year. The streak break removes a key psychological floor for the MSTR premium trade while insider selling and narrowing corporate buyer breadth create a negative setup heading into what could be a sentiment inflection.
0 reads·1 theses
Angle
↓ SHORT-18% target+8% stop2-4 weeks
Short MSTR — the accumulation-streak premium is broken, insiders are selling, and the mNAV compression trade has a fresh catalyst.