Strategy: Sells 1,690 BTC for $108.6M
Strategy sold 1,690 Bitcoin for $108.6 million to repurchase STRC stock, with $432M BTC sales in 2026 and 840,447 BTC held amid $8.73B unrealized losses.
SourceAnalysis
Strategy sold 1,690 BTC for $108.6 million and redirected the full amount into repurchasing $108.6M of its STRC preferred stock. The company has now offloaded $432 million worth of Bitcoin in 2026, marking seven straight weeks without fresh purchases as management prioritizes USD reserve accumulation while sitting on 840,447 BTC and $8.73 billion in unrealized losses.
Technical Confluence: BTC trades at $64881.41 inside the Bollinger Bands with upper resistance at $65246.13, while RSI(14) at 51.51 remains neutral and MACD(12,26) prints a bearish death cross at 166.89; price therefore faces immediate pressure to test EMA50 support at $64581.29 before any sustained move higher, shaping current BTC price prediction scenarios.
Bull Theory
@BullTheoryioResearch, Trades, onchain plays and all other crypto stuff simplified.Publishes institutional-grade cryptocurrency research and blockchain market intelligence. Delivers in-depth analysis of on-chain metrics, tokenomics, and decentralized finance (DeFi) ecosystems. Features proprietary data models, investment thesis breakdowns, and macro-level crypto trend forecasts. Provides strategic insights for sophisticated investors navigating digital asset markets. Maintains rigorous methodology in fundamental and technical analysis across crypto assets.
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