-8.55% for MSTR stock as negative reaction follows Bitcoin sale

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Strategy slides 8.55% after Bitcoin sale

Highlights

Strategy Inc. executed its first net Bitcoin sale in over 41 months, raising $2.5 million to fund preferred stock dividends.
The sale marks a significant treasury policy shift from a longstanding 'never sell' stance, prompting market concerns about company liquidity strategy.
The stock trades well below key moving averages amid persistent selling pressure, with an 80%+ probability of further decline toward the $130–$145 range.

First Bitcoin sale in years sparks liquidity concerns and sentiment shift

Strategy Inc. disclosed in a regulatory filing that it sold 32 Bitcoin between May 26 and May 31, generating approximately $2.5 million in proceeds to fund dividends on STRC perpetual preferred stock. This marked the company’s first net Bitcoin sale in over 41 months, a significant departure from its longstanding 'never sell' policy and signaling a shift in treasury strategy. As of May 31, Strategy’s Bitcoin holdings remained substantial at 843,706 coins, but the net sale raised market concerns about the company's liquidity approach and contributed to negative sentiment around the stock.

Oversold readings deepen as downside bias signals persistent pressure

The $136.98 price level has dropped far below the 20-day ($172.21), 50-day ($156.01), and 200-day ($206.50) moving averages. Immediate resistance is seen at the Ichimoku Kijun level of $170.65. RSI stands deep in oversold territory at 40.42, alongside extremely low Stoch RSI (2.73) and a CCI of –123.37, reinforcing the strong downside bias. The Bull/Bear Power indicator is also negative at –8.41, supported by an ongoing gap down confirmed by today’s open and price action near session lows. MACD and ADX remain neutral but indicate negative drift, while the Awesome Oscillator continues to signal downside pressures as heavy selling dominates intraday volatility.

High risk of further decline as consolidation faces selling momentum

For the next five trading days, a typical volatility band is projected between $130.00 and $145.00. The probability of further price decreases is estimated above 80%, with recovery scenarios only likely if the price decisively breaks through resistance in the $145 region. The base case calls for consolidation within the $130–$145 range, while persistent sell momentum could test support below $130 if oversold conditions fail to attract renewed buying interest.

Anton Kharitonov, expert at Traders Union, sees Strategy Inc.'s first Bitcoin sale in 41 months as a clear signal of pressure on both sentiment and treasury fundamentals. The stock’s decisive break below all major moving averages, deep oversold readings, and gap down highlight strong negative momentum. He believes the tactical outlook stays cautious: price is likely to consolidate between $130.00 and $145.00, with risk firmly skewed to the downside unless a break above resistance occurs. "Until $145 is reclaimed and news flow turns, I remain defensive on MSTR."

Previously it was reported that Strategy’s disputed late-May Bitcoin sale sparked significant controversy on Polymarket, raising broader questions about the company’s transparency and treasury management practices. With the current downtrend in Strategy stock and heightened market wariness following its first Bitcoin sale in over three years, traders should closely monitor for a decisive move above the $145 level as a potential signal of sentiment reversal.

Source of Data: MSTR Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.