Bitcoin Falls to 2-Month Low After Strategy Sells BTC, ETFs Flip Negative for the Year
Strategy made its first BTC sale since 2022 as Bitcoin ETFs shed billions over the last two weeks, nudging the price down even lower.
Michael Saylor broke his silence after the market learned of Strategy’s 32 BTC sale and its $2.5 million in proceeds. His focus on STRC raised fresh questions about preferred dividends and the company’s bitcoin-backed capital model.
The 8-K filing by Strategy Monday disclosed sales for the period May 26 to May 31, but the disclosure was issued on June 1.
June 1, 2026, 2:49 pmA total of 165 long-dormant bitcoin wallets moved approximately 5,073 BTC last month, with one address sitting idle since August 2010 finally coming to life in the final hours of May.
June 1, 2026, 2:45 pmStrategy made its first BTC sale since 2022 as Bitcoin ETFs shed billions over the last two weeks, nudging the price down even lower.
Bitcoin is locked in a tense standoff under $72,000, and a lineup of analysts, including Benjamin Cowen and stock-to-flow creator PlanB, are warning that the next big move points down toward $60,000.
The world's largest public Bitcoin holder reduced its stash to 843,706 BTC, while raising $128.3 million through Class A stock sales.
Bitcoin fell toward $72,000 as U.S.
Crypto markets continue to struggle even as risk markets across the globe surge higher.
Bitcoin tumbled to $72,000 Monday as news of the BTC treasury firm's about-face on its "never sell" stance broke.
Strategy sold 32 bitcoin between May 26 and May 31, 2026, generating $2.5 million at an average price of $77,135 per coin, marking one of the firm’s only disclosed bitcoin liquidations since it began accumulating in August 2020. Why the Sale Matters The amount is small.
Strategy's remaining holdings still account for more than 4% of the 21 million bitcoin supply cap — worth around $61 billion.
Strategy Inc, the largest corporate Bitcoin holder, confirmed its first Bitcoin sale in the June 1, 2026 Form 8-K filing. The company offloaded 32 BTC for approximately $2.5 million during May 26–31, while maintaining a massive 843,706 BTC treasury.