Strategy: Sells $216M Bitcoin via Monetization
Strategy sells 3,588 BTC for $216M at avg $60,773 under $1.25B program while holding 843,775 BTC at $75,476 cost basis.
SourceAnalysis
Strategy sold 2,225 BTC at an average $60,773 for roughly $135 million last week, following the prior sale of 1,363 BTC at $59,256 that raised $81 million.
The combined 3,588 BTC offload generated $216 million as part of the board-approved Bitcoin Monetization Program authorizing up to $1.25 billion in sales while keeping the bulk of holdings intact; the firm retains 843,775 BTC acquired at a $75,476 average cost basis.
Bitcoin trades at $61737.38 on the 4-hour chart inside a bearish structure where the EMA50 at $61807.7 caps immediate upside and the EMA200 at $64375.27 marks longer-term resistance; the MACD death cross at 404.75 confirms downside pressure while RSI at 44.81 stays neutral and price tests the lower Bollinger support at $61744.5, pointing to continued consolidation before any sustained move higher.
Bull Theory
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