Strategy sells 32 BTC and 802,000 common shares, causing market volatility
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According to on-chain analyst PeckShield (@PeckShield), Strategy sold 32 BTC (average price 77,100 USD, totaling about 2.5 million USD, accounting for 0.0038% of its 843 thousand BTC holdings) for fund allocation, while also selling 802 thousand shares of common stock, raising approximately 128 million USD. The staking stablecoin sUSDat, 100% backed by Digital Credit (STRC), once fell about 7% to below 0.93 USD, before recovering to 0.98 USD.
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