Strategy Dumps 3,588 BTC, Trump Calls Himself a "Big Crypto Guy," $BTC Shrugs Above $63K Anyway 🪙

Bitcoin climbed above $63,000 on Monday after fully absorbing the selling pressure from Strategy's four-day sale of 3,588 BTC, valued at roughly $216 million. According to an SEC filing, the company sold 1,363 BTC for $80.8 million between June 29 and 30, followed by an additional 2,225 BTC for $135.2 million from July 1 to 5. Strategy continues to hold 843,775 BTC on its balance sheet alongside $2.55 billion in reserves. The sales are part of a previously reported plan that could see the firm offload up to $1.25 billion worth of Bitcoin to repurchase its digital credit instruments.

President Donald Trump added fuel to the rally by publicly identifying himself as a "big crypto guy" and declaring that the United States was "taking over crypto." He added, "It's a massive industry," and pointed to Treasury accounts linked to digital assets as a possibility. Separately, the Bhutanese government sold approximately $43 million worth of Bitcoin two days prior, adding to recent bearish pressure on the market.

Bitcoin reached $64,000 as bids absorbed the Strategy-linked supply. The 4-hour BTC/USDT chart shows price had previously consolidated in the $58,500–$59,500 demand zone before breaking higher. A significant breakout above $65,000 would open a path toward $68,000 based on the current technical structure.

Bitcoin last traded at $64,160, according to market data, with the move drawing renewed attention to the interaction between corporate treasury sales, government disposals and political endorsements of the digital asset sector.