- Strategy bought 1,550 BTC after a rare 32 BTC sale.
- Bitcoin is stabilising near $63K after a sharp 20% monthly drop.
- Analysts split on whether the $60K support will hold or break lower.
Bitcoin has been moving through a volatile stretch marked by sharp liquidations, uneven recovery attempts, and conflicting signals from both technical indicators and institutional activity.
The latest development is Strategy’s decision to purchase 1,550 BTC worth about $101.3 million shortly after a controversial small sale of 32 BTC.
Strategy’s return to accumulation after a rare Bitcoin sale
According to an SEC filing dated June 8, Strategy’s latest purchase of 1,550 BTC was at an average price of $65,332 per coin.
Notably, this followed a short-term sale of 32 BTC, which generated about $2.5 million and was linked to funding corporate obligations, including preferred-share dividend payments.
The sale drew attention because it marked a rare departure from the company’s long-standing ac...

1 week ago
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