Strategy: Grayscale Calls Bitcoin Sale Bullish

Strategy sold $216M in Bitcoin last week, prompting JPMorgan warnings, yet Grayscale Head of Research Zach Pandl argues the move strengthens the company and aids BTC market stability.

Extra cash covers roughly 17 months of dividends, cuts financial risk, and triggered a rebound in STRC shares, positioning Strategy for steadier operations over the past year.

Bitcoin trades at $63180.94 inside its Bollinger Bands with upper resistance at $63922.5; the neutral RSI at 55.4 combined with the MACD death cross at 512.05 points to a likely retracement toward the EMA50 support at $62119.55 before any sustained push higher, creating a more durable price floor rather than fresh uncertainty.