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The corporate giant Strategy transferred 7383 Bitcoins to a new Address, possibly to enhance security.
According to the Gate News bot, data monitored by Lookonchain shows that on June 30, Strategy transferred approximately 7,383 Bitcoins worth about $796 million to three new Wallet Addresses within half a day. Industry insiders speculate that this move may be aimed at enhancing the security of asset custody.
Looking back at the historical operations of Strategy, the company sold 704 Bitcoins at a price of $16,776 each on December 22, 2022, for a total value of approximately $11.81 million. Then, on December 24, they quickly repurchased 810 Bitcoins at a price of $16,845 each, for a total value of approximately $13.64 million.
In addition, Strategy has consistently adhered to the “buy and hold” investment strategy and has not made any other significant trades.