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Michael Saylor Reveals Why MicroStrategy Sold $11 Million Worth of Bitcoin on December 22

Michael Saylor, founder and former CEO of MicroStrategy, has highlighted the reason behind the sale of Bitcoin (BTC) initiated by the company towards the end of 2022.

In a recent discussion on Twitter, Saylor stated that MicroStrategy as a corporation has the right to enjoy tax benefits through the sale of a portion of his Bitcoin holdings.

(By Solomon Odunayo)

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