Bitcoin dropped 21% in 10 days, retesting the $61,000 level for the first time in four months. The selloff coincided with two back-to-back events at Strategy: a $1.38 billion debt buyback that temporarily paused Bitcoin accumulation, and then the company's first disclosed Bitcoin sale since 2022.
Strategy sold 32 BTC between May 26 and May 31 at an average price of $77,...