#cryptocurrency

Cryptocurrency-focused media company CoinDesk Inc. is exploring options for a partial or complete sale of the outlet. CoinDesk has hired experts from the independent investment bank Lazard Ltd. to study the matter. "My goal in hiring Lazard is to explore various options to attract growth capital to the CoinDesk business, which may include a partial or full sale," CEO Kevin Worth told Reuters. According to Worth, they received many indications of interest in the business from potential buyers.

Since MS started investing in cryptocurrency, this is the first bitcoin sale. According to a report filed with the SEC, the company liquidated 704 BTC worth about $11.8 million on December 22. The document states: "MicroStrategy plans to carry forward capital losses resulting from this transaction against prior capital gains to the extent such carryforwards are available under applicable federal income tax laws." Additionally, between November 1 and December 21, 2022, MicroStrategy bought another 2,395 BTC at an average price of $17,871, according to the report.

Almost immediately after Bankman-Fried was released on a $250 million bail, wallet activity started. Additionally, there are persistent online rumors that he is currently not in his parents' home wearing an electronic bracelet on his leg but rather somewhere in the Alameda office. The public came to the conclusion that Curly-haired Sam was preparing a daring escape and gathering the cryptocurrency to bribe the regulators. Furthermore, similar emptying of the company's wallets was observed when Terra CEO Do Kwon vanished (by the way, where is Do Kwon now?) And here's a rhetorical question: why did the regulators seize FTX accounts but not Alameda’s? Everyone can see that these two businesses are related because the same person managed (or, to be more precise, damaged) both of them.