Bitcoin dips under $63,000 as Strategy adds $100 million in BTC

Bitcoin slipped below $63,000 as Strategy reported a new purchase of bitcoin. The company bought 1,550 BTC for roughly $101 million during the week ended June 7, lifting its holdings to 845,256 BTC and boosting U.S. dollar reserves by $100 million to $1 billion.

Shareholders also approved a change to semi-monthly STRC dividend payments, starting with a June 30 record date and a July 15 payment. The market has bounced from Friday's lows, with bitcoin up more than 7% and back above its 200-day moving average, but analysts urged caution.

Adam Haeems described the move as a relief bounce around a long-term level rather than a confirmed recovery, noting negative ETF flows and the Federal Reserve meeting on June 16–17. Markus Thielen said ETF flows and Wednesday's U.S. CPI will be the key tests of whether the rebound holds.

United States

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