Strategy sold 3,588 BTC for $216 million in its largest Bitcoin liquidation ever, breaking Michael Saylor's never-sell promise and rattling crypto

Strategy sold 3,588 BTC for $216M below cost basis to fund preferred dividends and complete S&P Global's three-step credit upgrade plan.

Strategy's sale of 3,588 Bitcoin should be viewed in the context of its much larger accumulation strategy, with Jesse Myers noting selling was only a small fraction. Experts…