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Strategy: Sells 32 BTC After sUSDat Dip | Flash News Detail | Blockchain.News
Latest Update
6/3/2026 1:54:00 AM

Strategy: Sells 32 BTC After sUSDat Dip

Strategy: Sells 32 BTC After sUSDat Dip

Strategy sold 32 BTC at $77,135 avg while sUSDat fell to $0.93 then recovered to $0.98, raising $128.3M via stock sales.

Source

Analysis

Strategy sold 32 $BTC at an average $77,135 for $2.5M to fund distributions, breaking its "Never Sell" stance while also raising $128.3M from 801,994 common shares; $sUSDat briefly dropped 7% below $0.93 before rebounding to $0.98 on the saturn_credit platform. Institutional Bitcoin selling of just 0.0038% from its 843k+ holdings triggered short-term stablecoin market volatility and crypto treasury management scrutiny. Bitcoin at $66878.49 sits deep in a bearish trend below both EMA50 at $72798.34 and EMA200 at $75864.73, with MACD at -1806.67 confirming the death cross, yet RSI at 14.28 signals oversold exhaustion inside the Bollinger band whose lower support rests at $66174.92, suggesting any bounce may stall before testing upper resistance near $76699.19.


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