{"id":126759,"date":"2026-05-06T12:37:59","date_gmt":"2026-05-06T08:37:59","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=126759"},"modified":"2026-05-06T12:38:02","modified_gmt":"2026-05-06T08:38:02","slug":"bitcoin-hovers-near-3-month-peak-saylors-shock-sale-plan-meets-iran-peace-hopes-in-crypto-tug-of-war","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-hovers-near-3-month-peak-saylors-shock-sale-plan-meets-iran-peace-hopes-in-crypto-tug-of-war\/05\/06\/market-updates\/","title":{"rendered":"Bitcoin Hovers Near 3-Month Peak: Saylor&#8217;s Shock Sale Plan Meets Iran Peace Hopes in Crypto Tug-of-War"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Takeaways<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bitcoin steadies near peaks:<\/strong> The world&#8217;s largest crypto rose 0.5% to $81,368.8 after touching a three-month high of $81,718.9 earlier in the session.<\/li>\n\n\n\n<li><strong>Strategy&#8217;s stunning U-turn:<\/strong> Michael Saylor said the firm \u2014 holder of 818,334 Bitcoin \u2014 may begin selling some holdings to fund dividend and debt payments.<\/li>\n\n\n\n<li><strong>&#8220;Inoculate the market&#8221;:<\/strong> Saylor said selling some Bitcoin would help &#8220;inoculate the market,&#8221; noting strong demand for the firm&#8217;s STRETCH preferred stock offering.<\/li>\n\n\n\n<li><strong>Major strategic shift:<\/strong> The move marks a dramatic departure from Saylor&#8217;s previous &#8220;never sell&#8221; stance.<\/li>\n\n\n\n<li><strong>$14.47B Q1 loss:<\/strong> Strategy reported a massive operating loss in the first quarter, primarily from unrealized Bitcoin losses.<\/li>\n\n\n\n<li><strong>Buyback plan:<\/strong> Saylor noted Strategy intends to buy back more Bitcoin than it sells, limiting the market impact.<\/li>\n\n\n\n<li><strong>Iran de-escalation hopes:<\/strong> Trump&#8217;s pause of &#8220;Project Freedom&#8221; and progress in Pakistan-brokered talks have lifted risk assets.<\/li>\n\n\n\n<li><strong>Altcoins mixed:<\/strong> Ether dipped 0.4% to $2,369.43, while XRP rose 1.3%, Solana jumped 2.9%, Cardano gained 3.5%, and BNB added 1.3%.<\/li>\n\n\n\n<li><strong>Memecoins surge:<\/strong> Dogecoin climbed 3.4% and $TRUMP rose 2.8%.<\/li>\n<\/ul>\n\n\n\n<p>Bitcoin steadied on Wednesday, paring some of its intraday gains after top corporate holder Strategy said it could begin selling some of its cryptocurrency holdings.<\/p>\n\n\n\n<p>However, Bitcoin remained close to a three-month high, while broader cryptocurrencies were also mostly upbeat amid mounting hopes for a de-escalation in the U.S.-Iran conflict.<\/p>\n\n\n\n<p>Bitcoin rose 0.5% to $81,368.8 by 02:32 ET (06:32 GMT). The world&#8217;s largest crypto hit an over three-month high of $81,718.9 earlier in the session.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Iran De-escalation Fuels Risk Appetite<\/h2>\n\n\n\n<p>Sentiment was buoyed by U.S. President Donald Trump&#8217;s statement that the military will pause an operation aimed at escorting ships through the Strait of Hormuz, after Iran retaliated with military action against the campaign.<\/p>\n\n\n\n<p>Trump also said talks with Iran were making progress, and that the paused operation was intended to potentially facilitate a full deal with Tehran.<\/p>\n\n\n\n<p>Trump&#8217;s comments came after Iranian officials also flagged progress in Pakistan-brokered talks earlier this week. Their statements amplified hopes for a broader de-escalation in the Middle East conflict, driving gains across risk-driven assets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Strategy&#8217;s Bombshell: Bitcoin Sales on the Table<\/h2>\n\n\n\n<p>Strategy said it was considering selling part of its 818,334 Bitcoin hoard to help fund dividend and debt obligation payments.<\/p>\n\n\n\n<p>Michael Saylor said &#8220;we&#8217;ll probably sell some Bitcoin to fund a dividend just to inoculate the market,&#8221; noting that the company&#8217;s latest STRETCH preferred stock offering had seen strong demand.<\/p>\n\n\n\n<p>Strategy funded its Bitcoin purchases chiefly through debt and preferred share issuances, leaving the company exposed to potential payments on its obligations.<\/p>\n\n\n\n<p>But Saylor noted that the impact of the sales would be limited, and that the company planned to buy back a greater amount of Bitcoin than it sells.<\/p>\n\n\n\n<p>Still, the strategy marks a major shift from Saylor&#8217;s earlier stance of never selling Bitcoin. The pivot also comes after Strategy logged an outsized $14.47 billion operating loss in the first quarter, primarily due to unrealized losses on its Bitcoin holdings.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Crypto Price Today: Altcoins Steady with Iran Tensions in Focus<\/h2>\n\n\n\n<p>Broader crypto prices moved in a flat-to-higher range, with focus squarely on the potential de-escalation in U.S.-Iran tensions. This dynamic has driven a strong recovery in crypto over the past week.<\/p>\n\n\n\n<p>Ether, the world&#8217;s second-largest cryptocurrency, fell 0.4% to $2,369.43, while XRP rose 1.3% to $1.4254.<\/p>\n\n\n\n<p>Solana and Cardano added 2.9% and 3.5%, respectively, while BNB rose 1.3%.<\/p>\n\n\n\n<p>Among memecoins, Dogecoin jumped 3.4%, while $TRUMP added 2.8%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Bitcoin steadies near peaks: The world&#8217;s largest crypto rose 0.5% to $81,368.8 after touching a three-month high of $81,718.9 earlier in the session. Strategy&#8217;s stunning U-turn: Michael Saylor said the firm \u2014 holder of 818,334 Bitcoin \u2014 may begin selling some holdings to fund dividend and debt payments. &#8220;Inoculate the market&#8221;: Saylor said &hellip;<\/p>\n","protected":false},"author":9,"featured_media":126748,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,36],"tags":[],"class_list":["post-126759","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=126759"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126759\/revisions"}],"predecessor-version":[{"id":126760,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126759\/revisions\/126760"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/126748"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=126759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=126759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=126759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}