MicroStrategy's Bitcoin Sale and Its Market Impact
On June 3, 2026, MicroStrategy sold 32 Bitcoins for $2.5 million, triggering a psychological market reaction that led to a 3.1% drop in Bitcoin’s price and wiped out around $160 billion from the total crypto market value within the week.
Tickers: $MSTR
Topics: Bitcoin institutional selling market psychology Michael Saylor MicroStrategy