The most classic pump and dump of 2026
After dumping 32 Bitcoin tokens and sending the crypto market into a frenzy, Strategy quickly scooped up 1,550 Bitcoin during a dip that saw prices drop below $60,000.
According to yesterday's announcement from CEO Michael Saylor, Strategy purchased 1,550 Bitcoin (BTC) for around $101 million, bringing their total holdings to 845,256 BTC. Strategy is now the largest holder of BTC in the world.
This deal came after Bitcoin's price dropped about 15% last week, trading below $60,000 before bouncing back above $62,000. The market attributes Bitcoin's decline significantly to the event where Strategy sold 32 BTC on June 1.
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