Bitcoin tops $81,000 as Strategy mulls selling its BTC to fund dividend obligations
The story
Strategy executive chairman Michael Saylor signalling a potential bitcoin sale to cover $1.5 billion in annual dividend obligations sent MSTR down 4% after hours and BTC briefly below $81,000.
From the source
Other crypto majors caught the bid. Solana zoomed 3% to $87.35. Dogecoin added another 4% to $0.1158, extending its weekly gain to 14.5% as futures open interest sits at year-highs. XRP, BNB and TRX all printed green on the day.
Ether is the laggard, off 0.3% over 24 hours despite holding a 3.9% weekly gain at $2,376. Spot ETH ETF flows turned negative last week, ending a three-week inflow streak.
Wall Street gauges closed at all-time highs Tuesday after President Donald Trump signaled progress toward a "final agreement" with Iran and announced a pause on Operation Project Freedom for a short period. Brent crude fell 1.7% to about $108 a barrel. The dollar, which had been the haven of choice through the US-Israel war on Iran, weakened against all its G-10 peers.
Who and what
Key names and topics in this story: Bitcoin, Strategy.
Where to follow next
- Read the full piece at www.coindesk.com
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