Bitcoin recovered after Strategy disclosed a sale of 3,588 BTC for about $216 million.\u00a0<\/p>\n
\n Summary<\/span>\n <\/p>\n <\/p>\n The move caused a brief pullback, but the token later moved back toward the $63,000 area, showing that buyers returned after the first reaction.<\/p>\n Bitwise CEO Hunter Horsley summed up the move in a short post. Horsley said on X<\/a>, \u201cBitcoin wants to be higher.\u201d His comment came as traders watched whether Strategy\u2019s sale would create wider pressure in the market.<\/p>\n Bitcoin wants to be higher<\/p>\n \u2014 Hunter Horsley (@HHorsley) July 6, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n At the time of writing, BTC traded<\/a> around $63,200, with an intraday high near $64,435 and a low near $61,350. Strategy shares traded near $100.77, after opening around $95.04.<\/p>\n <\/p>\n Strategy sold 3,588 BTC<\/a> to fund dividends tied to its Digital Credit securities. The company said it still holds 843,775 BTC and $2.55 billion in U.S. dollar reserves after the sale.<\/p>\n Michael Saylor said the sale was linked to dividend funding, not a full exit from the company\u2019s Bitcoin plan. The size of the sale drew attention because Strategy remains the largest publicly traded corporate Bitcoin holder.<\/p>\n The latest sale followed a smaller sale earlier this year. As previously reported<\/a>, Strategy sold 32 BTC in late May to support preferred stock distributions. That sale was small, but it challenged the market\u2019s view of Strategy as a strict buy-and-hold Bitcoin vehicle.<\/p>\n\n
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Strategy sells BTC to fund dividends<\/strong><\/h2>\n
New capital plan changes the market view<\/strong><\/h2>\n