Hupzy (Spot On Chain)
Hupzy (Spot On Chain)|Jun 01, 2026 12:34
๐Ÿšจ BREAKING: BTC โ€” Strategy (MicroStrategy) sold 32 BTC for ~$2.5M, first confirmed sale since December 2022, per SEC 8-K filing. Proceeds fund preferred stock dividends. As of May 31, Strategy holds 843,706 BTC at $63.87B total cost, avg $75,699/BTC. With BTC now ~$72K, the portfolio is underwater. ๐—›๐˜‚๐—ฝ๐˜‡๐˜† ๐˜๐—ฎ๐—ธ๐—ฒ: This isn't panic selling โ€” it's a structural dividend obligation. But the precedent matters. MSTR has now broken its "never sell" doctrine twice in 3.5 years. If BTC keeps declining, dividend-funded BTC sales could become a recurring supply overhang rather than a one-off. The $72K support break compounds the pressure. SEC filing: https://www.sec.gov/Archives/edgar/data/1050446/000119312526249768/mstr-20260530.htm Track on Arkham: https://intel.arkm.com/explorer/entity/microstrategy --source: https://x.com/WuBlockchain/status/2061423542248366209 Track real-time signals & trade โ†’ https://hupzy.com/trending(Hupzy (Spot On Chain))
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