Tag: Bitcoin

Strategy’s 32 BTC Sale Hits Bitcoin as Price Slides 5% and Liquidations Top $627M

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Key Takeaways Bitcoin tumbled below $71,000 on June 1 following escalating U.S.-Iran military tensions. The flash crash triggered $627 million in crypto liquidations, dropping the market cap to $2.52 trillion. Fears rise that future bitcoin sales by Michael Saylor’s Strategy could signal a long-term bearish shift. Bitcoin Crashes Below $71,000 to Kick Off June Bitcoin started June on the back foot, tumbling below $71,000 for the first time since April 13. According to data from Bitstamp, bitcoin dropped to an intraday low of $70,574, a nearly 5% decline from its…

Strategy’s Bitcoin Sale Reshapes Debate Around BTC Treasury Companies

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Shares of Michael Saylor’s Strategy fell Monday after the company disclosed its first Bitcoin sale since adopting a “never sell” philosophy, prompting fresh scrutiny of the corporate Bitcoin treasury model. Nasdaq-traded MSTR stock was down more than 6.5% to start off the week before paring back some of that decline by early afternoon on Monday. Although short-term price action rarely determines broader trends, Strategy’s sale of 32 Bitcoin (BTC) last week challenged the long-held perception that the company would only accumulate BTC and never liquidate its holdings, according to digital…

Anthropic Files Confidential S-1 With SEC, Targets IPO at $965B Valuation – Bitcoin News

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Key Takeaways Anthropic filed a confidential S-1 with the SEC on June 1, 2026, targeting an IPO near a $965B valuation. Tokenized pre-IPO products on Solana dropped 34 to 40% after Anthropic issued unauthorized-transfer warnings in May 2026. Anthropic named 8 platforms selling unapproved shares, warning SPV-backed tokens may have limited or no legal value. The Claude developer submitted the filing under standard SEC confidential review procedures, which allow late-stage companies to begin the IPO process without immediately disclosing revenue, margins, or risk factors. The company said the proposed offering…

Why Market Cap Won’t Matter For XRP

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Get your copy of the paper here: Most people in crypto rely on market cap to judge the value of a digital asset, but that metric alone fails to explain whether a network can actually support real financial activity. This video breaks down the concept of the Liquidity Index, a framework designed to measure the true strength and utility of a digital asset by analyzing six key components including supply, market depth, slippage, settlement speed, available liquidity, and access for institutions. By…

Bitcoin Outlook Hinges On A Handful Of Critical Price Zones

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Bitcoin is approaching a pivotal moment, with several key support and resistance levels set to determine its next major move. While bulls are fighting to maintain critical price zones and preserve the broader recovery structure, bears continue to pressure the market from above. Bitcoin Struggles Below $78,080 As Bears Retain Control Analyst Kamile Uray notes that Bitcoin’s recent recovery attempt was feeble, with the price remaining trapped below the critical $78,080 threshold. Until the market secures a decisive 4-hour close above this level, the structural outlook remains vulnerable, and the…

Bitcoin ETFs Lead Weekly Losses With $1.42B Exit as HYPE ETFs Push Altcoin Inflows

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Key Takeaways Bitcoin ETFs lost $1.42B and ether ETFs $241M, extending institutional selling. HYPE ETFs gained $26M, while XRP added $15.2M, signaling altcoin rotation. ETF flows suggest investors may favor HYPE, XRP, and solana over BTC and ETH. XRP and HYPE Funds Attract Over $40 Million in Weekly Inflows The holiday-shortened week did not give crypto ETF investors much shelter. By the close of trading on Friday, the market had split into two clear camps: heavy redemptions from bitcoin and ether products, and steady, selective demand for smaller altcoin funds.…

Michael Saylor breaks silence after Strategy’s $2.5M Bitcoin sale

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Strategy has put STRC at the center of its latest capital story after selling 32 Bitcoin to help fund preferred stock distributions. Summary Strategy sold 32 Bitcoin for about $2.5 million to help fund distributions on its STRC preferred stock. Michael Saylor promoted STRC after the sale, saying Strategy wants it to become the best credit instrument. Strategy paused Bitcoin purchases while repurchasing convertible debt worth nearly $1.5 billion in face value. Strategy said in an 8-K filing that it sold the Bitcoin for about $2.5 million last week, with…

Saylor Breaks Silence After Strategy’s Bitcoin Sale

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Key Takeaways Strategy sold 32 BTC for $2.5 million to support preferred stock payouts. Investors are assessing whether dividend obligations could drive additional bitcoin sales. Attention shifted to STRC as Saylor avoided discussing the BTC transaction. Strategy’s First BTC Sale Tests Saylor’s Dividend Strategy Strategy (Nasdaq: MSTR) revealed in a Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) dated June 1 that it sold 32 BTC for $2.5 million. The proceeds are expected to help fund preferred stock distributions. The sale heightened scrutiny over whether Strategy’s dividend…

165 Dormant Bitcoin Wallets Moved 5,073 BTC in May 2026 as Longtime Holders Cash In

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Key Takeaways Galaxy Research identified a wallet dormant since Aug. 20, 2010, moving 20 BTC worth $1.5M at block 951828 on May 31. BTCparser1 data shows 165 dormant wallets moved 5,073 BTC in May 2026, with 2014 wallets leading at 1,885 BTC. A 2014-era wallet moved 109.86 BTC at block 951983 on June 1, extending old-coin activity into the new month. Galaxy Research flagged one of the most notable movements on X, reporting that a wallet dormant for 15.8 years moved 20 BTC at block 951828 on May 31, 2026,…

Strive unveils $4.2B fundraising push to accelerate Bitcoin buys

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Strive has expanded its fundraising plans by $4.2 billion as the Bitcoin treasury company seeks additional capital for future BTC purchases. Summary Strive plans to expand its ASST and SATA fundraising programs by $4.2 billion to support additional Bitcoin purchases. The company recently acquired 1,109 BTC for $85.4 million, increasing its holdings to 16,500 BTC and moving ahead of Coinbase and Riot Platforms. Strategy disclosed the sale of 32 BTC worth about $2.5 million, with proceeds expected to support distributions tied to its preferred stock offerings. According to a June…