Strategy sells $216M Bitcoin, Bollinger bullish on BTC: Hodler’s Digest, June 29-July 6, 2026
Bollinger Bands creator John Bollinger says the charts suggest Bitcoin could take off from here. Vitalik Buterin unveils a new Ethereum strawmap, but why is it taking so long?
Michael Saylor’s Strategy sold 3,588 Bitcoin (BTC) to fund preferred stock dividend payments and replenish its cash reserves.
Strategy sold the Bitcoin for $216 million, reducing its total holdings to 843,775 Bitcoin, according to a Monday 8-K filing with the US Securities and Exchange Commission.
This included 1,363 Bitcoin sold at an average price of $59,256 between last Monday and Tuesday, and 2,225 Bitcoin sold at an average price of $60,773 between Wednesday and Sunday.