Rumors of Strategy selling 491 BTC circulate online

Prominent trader Light (@lightcrypto) alleged in a post on X that Strategy (MSTR) may have sold 491 BTC on July 1. Light suggested that Strategy likely began selling BTC this week, warning that such sales could trigger a market-wide sell-off that would be disastrous for both MSTR shareholders and BTC holders. He added that if this selling becomes a regular occurrence, it would inevitably lead to long-term changes in the crypto market. While the community is questioning the authenticity of the rumor, most believe the sales are likely real. This sentiment is based on Strategy's introduction of a Digital Credit Capital Framework on June 30, under which its board approved the future sale of up to $1.25 billion in BTC. Strategy previously sold 32 BTC at an average price of $77,135 in early June.