Bitcoin stayed just under $63,000 on July 6, 2026.
It had surged past $64,000 previously but then recoiled.
Michael Saylor’s Strategy offloaded a substantial amount of the digital asset.
Holdings dropped significantly by $216 million to $225 million.
American Bitcoin Corp’s share price slumped to a new low of $8.00 per share.
Analysts note heavy selling volume.
Some still remain convinced Bitcoin for the long run.