Strategy: Sells 3,588 BTC for $216M Dividends
Strategy sells 3,588 BTC for $216 million, holds 843,775 BTC. BTC price at $62,178 amid market reaction and technical confluence on 4h chart.
SourceAnalysis
Strategy sold 3,588 BTC for $216 million to cover Digital Credit dividends, leaving reserves at 843,775 BTC and $2.55 billion USD as of July 5 2026.
Markets priced the move immediately with BTC dropping as traders weighed ongoing sales risk from the entity. BTC price prediction models now factor potential follow-on buys that could offset the sale within days.
Price action on the 4h chart shows BTC at $62,178.57 sitting just above the EMA50 support at $61,825 while the EMA200 at $64,379.66 caps upside. The MACD death cross at 439.95 signals fading momentum even as RSI at 48.99 stays neutral inside the Bollinger band bounded by $63,623.58 resistance and $61,843.02 support, pointing to a likely test of the 50-EMA before any continuation higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast