{"id":75032,"date":"2026-07-06T18:24:37","date_gmt":"2026-07-06T18:24:37","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-rebounds-above-63500-after-strategys-216m-sale-triggers-214m-in-short-liquidations-bitcoin-news\/"},"modified":"2026-07-06T18:24:37","modified_gmt":"2026-07-06T18:24:37","slug":"bitcoin-rebounds-above-63500-after-strategys-216m-sale-triggers-214m-in-short-liquidations-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-rebounds-above-63500-after-strategys-216m-sale-triggers-214m-in-short-liquidations-bitcoin-news\/","title":{"rendered":"Bitcoin Rebounds Above $63,500 After Strategy\u2019s $216M Sale Triggers $214M in Short Liquidations \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Strategy sold 3,588 bitcoins for $216 million between June 29 and July 5 to fund preferred stock dividends.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The sale sparked a brief Monday dip to $61,246, liquidating $214 million in short bets across the crypto economy.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bulls eye a credit rating upgrade and S&amp;P 500 inclusion as Strategy builds a $2.5 billion USD cash reserve.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Strategy Sparks Debate With $216 Million BTC Sale<\/h2>\n<p> <span>Bitcoin<\/span> continued building on its weekend gains after breaching the $63,000 mark on Saturday, this time falling within a whisker of tapping $64,000. According to data from Bitstamp, the <span>cryptocurrency<\/span> reached a peak of $63,945 late Sunday before gradually declining, slipping just below $63,000 by 7:50 a.m. EDT on Monday, July 6.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>About 10 minutes later, it traded at $61,934 following a sharp drop likely triggered by reports of yet another <span>bitcoin<\/span> sale by Strategy. The selling pressure continued pushing <span>bitcoin<\/span> to an intraday low of $61,246 before a relief rally wiped out nearly all the losses. At the time of writing, <span>bitcoin<\/span> was back above $63,500, representing a 24-hour gain of approximately 1.5%.<\/p>\n<p>Since the beginning of July, the <span>cryptocurrency<\/span> has added more than $4,000, or approximately 7%, to its value\u2014a remarkable turnaround for an asset that closed June with steep losses. As a result of the jump, <span>bitcoin<\/span>\u2019s market capitalization climbed to $1.27 trillion, which in turn lifted the broader <span>crypto<\/span> economy\u2019s aggregate <span>market cap<\/span> well past the $2.2 trillion mark.<\/p>\n<p>In the derivatives market, <span>bitcoin<\/span>\u2019s seesaw price action led to nearly $186 million in leveraged positions being wiped out, with short bets accounting for $108 million. Overall, the <span>crypto<\/span> economy saw $214 million in short bets liquidated versus $184 million in long bets.<\/p>\n<p>As <a href=\"https:\/\/news.bitcoin.com\/strategys-bitcoin-sale-authorization-reduces-risk-of-forced-btc-selling-analysts-say\/\">reported<\/a> by <span>Bitcoin.com<\/span> News, Strategy sold 3,588 bitcoins for $216 million to fund dividend payments tied to its preferred stock. The disposal, which reduced the company\u2019s total holdings to 843,775 bitcoins, came a week after the company secured authorization to sell up to $1.25 billion in <span>bitcoin<\/span> to support its U.S. dollar reserve. While this particular announcement did not spark a backlash similar to the one that followed Strategy\u2019s sale of 32 bitcoins, it nevertheless failed to stop some from questioning Michael Saylor\u2019s conviction.<\/p>\n<h2>The Play for S&amp;P 500 Inclusion and Credit Upgrades<\/h2>\n<p>The harshest critics assert that the latest sale confirms what they have argued all along: that Strategy\u2019s <span>bitcoin<\/span> strategy is, in essence, a <a href=\"https:\/\/x.com\/set_and_forget_\/status\/2074150102029988194\" target=\"_blank\" rel=\"noopener noreferrer\">Ponzi scheme<\/a>. Observers noted that the same detractors who previously predicted STRC would go to zero are drawing entirely wrong conclusions from the sale and missing the broader corporate strategy.<\/p>\n<p>Supporters argue the move is a calculated effort aimed at securing S&amp;P 500 inclusion and achieving a better credit rating for the company\u2019s financial products. For the first time, all five of Strategy\u2019s preferred stock dividends were funded by capital raised through a <span>bitcoin<\/span> sale. Proponents <a href=\"https:\/\/x.com\/ZynxBTC\/status\/2074120008230117645\" target=\"_blank\" rel=\"noopener noreferrer\">say<\/a> this directly dismantles the Ponzi narrative while demonstrating a clear willingness to <a href=\"http:\/\/www.bitcoin.com\/get-started\/understanding-liquidation-on-perp-dex\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidate<\/a> holdings when necessary.<\/p>\n<p>Furthermore, the sale serves to prove that the company can monetize its digital assets even during periods of market <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-volatility\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volatility<\/a>. Last October, S&amp;P Global used the term \u201c <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> stress\u201d when it assigned Strategy a B-minus rating. Since then, Saylor has actively addressed the agency\u2019s primary concerns by establishing a U.S. dollar reserve to improve <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-liquidity\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidity<\/a>, aggressively paying back convertible debt, and proving the company retains strong access to capital markets.<\/p>\n<p>With its USD reserve now bolstered to $2.5 billion, market bulls maintain that the company is far from desperate for capital. Despite the surrounding market anxiety and misinformation, proponents view the execution as a net positive for the long-term outlook of the company and its stock.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-rebounds-above-63500-after-strategys-216m-sale-triggers-214m-in-short-liquidations\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Strategy sold 3,588 bitcoins for $216 million between June 29 and July 5 to fund preferred stock dividends. The sale sparked a brief Monday dip to $61,246, liquidating $214 million in short bets across the crypto economy. Bulls eye a credit rating upgrade and S&amp;P 500 [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":75033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75032"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75032"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75032\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75033"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}