Bitcoin’s selloff extended into Wednesday after Strategy Inc.’s sale of a tiny portion of its massive cryptocurrency stockpile rattled sentiment and widened the token’s divergence from record-setting technology shares. Jim Ferraioli, Director of Digital Currencies Research and Strategy at Charles Schwab, discusses Bitcoin's latest moves and Charles Schwab's report on mining economics and digital asset outlook. (Source: Bloomberg)

Weeks after Michael Saylor opened the door to selling Bitcoin, Strategy Inc. disposed of about $2.5 million of the cryptocurrency, a symbolic break from the maximalist playbook that helped make the company one of the market’s largest buyers and the token’s biggest corporate holder.