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Posted on 06/01/2026 6:29:23 AM PDT by delta7
Bitcoin treasury firm Strategy sold 32 BTC from its holdings last week for roughly $2.5 million, per an SEC filing. The average sale price was $77,135 per Bitcoin, and brings Strategy's holdings down to 843,706 BTC, worth approximately $61 billion at current prices. Funds from the sale of BTC will be used to fund distributions on preferred stock, the firm said in the filing. The sale sees the Bitcoin treasury firm abandoning its long-held "never sell" stance....
(Excerpt) Read more at finance.yahoo.com ...
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$71,676.20
-31.25% 1 Year
Never mind all that static. What’s my cut?
I don’t kick myself for not getting in on the BTC craze when I first heard about it. Because if I had bought one for $20, I’d have sold it for $22. Then bragged to all my friends about my 10% profit.
Nope. It’s an S&P index fund for me.
Big deal, plenty of stock have done that before and came back. Bitcoin has dropped big before and then come roaring back.
....and now the large institutional investors are dumping...in fact all the “ thin air assets” are rolling over....so much for Trump’s sovereign Bitcoin fund.
‘Bloodbath’ Bitcoin Price Crash Warning Issued As BlackRock Sell-Off Suddenly Accelerates
ByBilly Bambrough,Senior Contributor.
“-31.25% 1 Year”
Silver down 38% since you said to sell every thing and buy silver!
Best you do what the smart money is doing, sell and buy PM’s….its all about economic cycles. Be sure to get back with us.
87 posted on 1/29/2026, 5:31:36 PM by delta7
In fact, rumor “ on the street” says Blackrock giant selling off Bitcoin at a 2.3% discount to exit fast...the “ cycle” is your friend.
Of course BTC is down from its ATH; this is 2026, following the pattern of 2022, 2018 and 2014. After the capitulation in February I said BTC would go sideways for 6 months, trading between 70-80K. My range was a little tight, but otherwise it's just going as expected...
Bitcoin to BITCON to BITgone?
“In fact, rumor “ on the street” says Blackrock giant selling off Bitcoin at a 2.3% discount to exit fast...the “ cycle” is your friend.”
Fake post. Try posting facts, for a change.
This is the time to buy, naturally. But cling to your worthless, non-scarce fiat if you prefer poverty.
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