Nasdaq-listed Bitcoin miner Bitdeer reported that for the week ending September 4, it mined 282 BTC and sold all 282 BTC, resulting in zero net addition and maintaining zero Bitcoin holdings.
Binance Alpha announced the removal of 14 tokens, including MTP, BDXN, TALE, and others. Users can still withdraw and sell the tokens after removal.
One French-listed telecom company has sold 344 bitcoin and plans to sell its remaining 314 bitcoin, according to BitcoinTreasuries.NET. Sequans Communications now sits in 73rd place on the Bitcoin 100 list.
Strategy sold 32 BTC for the first time in three years, triggering market declines with Bitcoin falling below $71K and crypto stocks tumbling. The sale was driven by the need to pay STRC dividends amid a tight cash position and a $12.54 billion Q1 loss. The Polymarket prediction market saw a wild swing over the event, while critics like Peter Schiff warned of a buyer-to-seller shift. Although Michael Saylor advocates HODLing, faith in the hoarding model is shaken.
Strategy, the largest corporate Bitcoin holder and former "diamond hands," sold 32 BTC last week at an average price of $77,135, raising $2.5 million to cover its STRC dividend obligations. The first BTC sale in three years shattered the firm's uninterrupted buying streak and sent shockwaves across crypto markets—Bitcoin fell below $71,000 and crypto-related stocks tumbled. While the sale is financially justified, it sharply undermined the "infinite HODL" narrative and reignited debate over the sustainability of the DAT treasury model.
Strategy sold 32 BTC at an average price of $77,135 last week, breaking its image of never selling. The news pushed BTC below $71,000, dragging down crypto-related stocks. The sale was driven by STRC preferred stock dividend obligations after Q1 warned of possible bitcoin sales. Industry confidence is shaken, and the whale’s unrealized loss widens. A Polymarket prediction event settled as ‘no sale in May’, highlighting how prediction markets trade on rule-defined outcomes, not facts.
Strategy (formerly MicroStrategy) sold 32 BTC at an average price of $77,135, breaking its three-year buy-only streak and sending shockwaves through the crypto market and investor confidence.
