Bitcoin price recovery after worst week, aided by macro news and Strategy’s BTC sale occurred as the market staged a partial rebound by the weekend. Bitcoin opened near $73,000 last Sunday, dipped below $60,000 for the first time since the U.S. election in November 2024 and was about $63,500 by Saturday. The rebound coincided with late-week macroeconomic developments and Strategy’s disclosed sale of 32 BTC, while Bitcoin remained roughly 50% below its October 2025 record near $126,000.
During the week in question, Strategy disclosed that it had sold 32 Bitcoin (BTC) between May 26 and May 31, 2026. This sale was conducted to raise about $2.5 million, which was used to fund dividends on STRC preferred shares.
In addition to the Bitcoin sale, Strategy engaged in broader fundraising efforts. The company also sold approximately 800,000 shares through its AT THE MARKET program, amassing about $128 million in proceeds. These actions were reported alongside developments in Bitcoin’s market performance, yet their specific market implications were not detailed.
In the given timeframe, several macroeconomic factors influenced Bitcoin’s price and broader market trends. Tensions in Iran contributed to an increase in oil prices, which in turn revived concerns over persistently high interest rates. These tensions caused Brent crude to experience fluctuations, eventually declining toward $85.
Meanwhile, on the stock market, SpaceX made its debut on Nasdaq, closing at $161, marking a 19% increase from its initial offer price of $135. Concurrently, other major cryptocurrencies witnessed significant gains. Ether rose by 6.4% to reach $1,663, Solana increased by 9.5% to nearly $67, BNB was up by 4.7%, dogecoin experienced a 6.2% rise, and XRP climbed by 4.2% to $1.13.
These developments occurred against a backdrop of dynamic market activities affecting Bitcoin and cryptocurrencies.
Bitcoin’s 4.7% weekly gain hides the real move. For a sustained recovery, ETF flows need to stabilize, large buyers need to come back, and loss-taking needs to get heavy enough to show the market has cleared out the sellers who had to leave.
These three conditions were presented as necessary steps for the market to move beyond its recent dislocations. The summary did not provide further specifics on timing or additional measures beyond those items.
