Strategy's Bitcoin Sales Spark Crypto Community Reaction

The news that Strategy might sell a portion of its massive Bitcoin holdings has generated reactions from the crypto community, including Dogecoin co-founder Billy Markus.

Strategy holds 847,363 BTC as of June 22 and may need to sell about 20,800 BTC at current prices to raise $1.25 billion, equivalent to about 2.5% of its holdings.

Billy Markus shared a video clip of tweets from Strategy Chairman Michael Saylor urging holders never to sell their Bitcoin, which drew comments from the Dogecoin community.

The Dogecoin co-founder sold all his DOGE holdings in 2015 after being laid off from his job and liquidated his entire crypto portfolio for about $10,000 to pay rent and cover basic living expenses.