CryptoBasic reported that Bitcoin has risen approximately 7.7 times, reaching a high of $126,200, since Strategy first sold a large volume in 2022. The media outlet stated, "In 2022, Strategy (NASDAQ: MSTR) sold 704 BTC for $11.8 million as part of a tax strategy. However, soon after, it bought back 810 BTC, maintaining its Bitcoin accumulation strategy. Excluding that transaction, Strategy has not made any significant sales until recently. The analysis concluded, "If a pattern similar to Strategy's large-scale sale in 2022 were to recur, a simple calculation suggests Bitcoin could rise to approximately $484,800."
