Bitcoin slips 2% as MARA and Strategy report BTC selling

BitcoinWorld Bitcoin slips 2% as MARA and Strategy report BTC selling Bitcoin fell approximately 2% in the last 24 hours after publicly traded companies MARA Holdings and Strategy (formerly MicroStrategy) disclosed recent Bitcoin sales, adding to market supply and investor caution.

As of the latest data, BTC traded near $63,000, down from $64,300 a day earlier, reflecting a broader pullback in risk assets. What did MARA and Strategy report?

MARA Holdings, a major Bitcoin miner, reported selling a portion of its Bitcoin holdings to cover operational costs, a common practice among miners to fund expenses.

Strategy, the largest corporate Bitcoin holder, also disclosed a sale of a small percentage of its treasury, marking a rare move for the company that has historically held its BTC.