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Bloomberg

Strategy Sells $216M of Bitcoin as It Begins Overhaul

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Lyn Alden, founder strategist at Lyn Alden Investment Strategy, joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." They discuss Michael Saylor's Strategy, which sold $216 million of Bitcoin last week, marking the first major step in the financing overhaul the company unveiled in recent days after a prolonged slump in the cryptocurrency and its own shares.