Strategy discloses 32 BTC sale as Bitcoin hovers near $70,000 support

Strategy (NASDAQ: MSTR) reported selling 32 Bitcoin between May 26 and May 31 for about $2.5 million, its first BTC sale since December 2022. The disclosure came as Bitcoin traded at $71,482 at press time, down nearly 3% over 24 hours and 8% on the week. Some commentators said the move may be routine treasury management to fund preferred stock dividends, while others questioned whether it could shape sentiment around future sales.