Bitcoin dropped over 3% to $58K after Strategy Inc authorized up to $1.25 billion in BTC sales, marking a major shift from its accumulation-only playbook.

Strategy continues its shift away from aggressive Bitcoin accumulation as market conditions deteriorate.

Strategy Inc. unveiled a Digital Credit Capital Framework with $1.25B in potential Bitcoin sales, $2B in buybacks, and a 12% STRC dividend to end its 9-day