MicroStrategy: Sells 3588 BTC to Fund Dividends

MicroStrategy executed its first large post-desensitization sale, offloading 3588 BTC valued at $216 million to cover dividends on digital credit securities, with Michael Saylor confirming the move while the firm retains 843775 BTC now worth $522 billion.

BTC reacted immediately with a $1000 decline, underscoring how the market still prices any MicroStrategy flow as material despite the new capital framework that caps potential sales at $1.25 billion.

Price action on the 4h chart shows BTC trading inside the Bollinger Bands with upper resistance at $63628.99 while the 50-EMA at $61822.57 acts as immediate support beneath current levels of $62116.7; the neutral RSI at 48.35 combined with the MACD death cross at 435.01 suggests a healthy retracement toward that EMA support before any continuation higher.