Crypto Is Ready For A $52 Billion Price Boom
Bitcoin and crypto prices have experienced a significant sell-off this week, with the bitcoin price dropping to levels not observed since prior to President Donald Trump’s return to the White House, amid renewed concerns over a potential U.S. dollar collapse. The bitcoin price has plummeted over 50% from its October 2025 peak of $126,000 per bitcoin, prompting billionaire Mark Cuban to abruptly change his stance on crypto as $2 trillion is erased from the total market value. Now, as JPMorgan chief executive Jamie Dimon issues a stark crypto warning, bitcoin traders are on high alert for Strategy founder Michael Saylor to disclose whether he has sold more of the company’s $52 billion worth of bitcoin or made additional purchases.
“This selloff appears to be driven less by a breakdown in bitcoin’s long-term fundamentals and more by a short-term confidence shock around Saylor and Strategy selling,” Matt Mena stated. “If $60,000 fails to hold, bitcoin will likely revisit the $55,000 support level.” This week, Strategy, the bitcoin acquisition company spearheaded by Saylor, executed its commitment to sell some bitcoin, unloading 32 bitcoin valued at $2.5 million. Saylor asserted that this move is part of a strategy to enhance the company’s contentious, high-paying monthly dividend, aiming to position shares as “the best credit instrument in the world.” This marks the first instance of Strategy offloading bitcoin since December 2022, during which it divested approximately 700 bitcoin to realise tax losses that could counterbalance future profits, subsequently acquiring 800 bitcoin just days afterward. “Because Strategy recently sold 32 bitcoin, contrary to the ‘never sell’ mantra of the company, it’s creating uncertainty even if the scale of the sale was modest,” Richard Green said in emailed comments.
Strategy introduced the option of liquidating a portion of its bitcoin holdings last month to fulfil dividend payment obligations and to instill confidence in the market that potential buyers exist should the company require future bitcoin sales. “We will probably sell some bitcoin to pay a dividend just to inoculate the market and send the message that we did it,” Saylor said in May during the company’s first quarter earnings call, adding the company planned to “buy bitcoin with credit … let it appreciate, and then … sell bitcoin to pay the dividend.” Attention is focused on Strategy founder Michael Saylor’s X account as he prepares to drop his anticipated Sunday teaser. This update may provide insights into whether, and to what degree, the company has repurchased the bitcoin it sold in May, potentially mirroring its 2022 bitcoin sale strategy.
However, some are anticipating that Saylor will announce that Strategy has sold more bitcoin, presenting it as the sole option to rescue both bitcoin and the company. “Only one scenario saves bitcoin and Strategy in the short-term,” Jeff Dorman posted to X. “Saylor has to come out and say, ‘I sold $4 billion of Strategy [stock] and bitcoin,’” providing the company with over two years of runway before it needs to seek additional funding for dividends again. “If he does that, the market rips, and might even rip 20% to 30%,” Dorman wrote. “It once again makes Strategy uninteresting for years, but that’s a good thing. And while capital markets might be closed to Strategy for a while, it at least buys a tonne of time, and in that time, who knows what other catalysts might pop up.” Dorman fears that, “if he doesn’t, and he continues to just wait it out … this selling won’t stop.”
