sUSD's price briefly fell below $0.93, triggering market volatility, after the Strategy sold 32 BTC.

BTC0%

BlockBeats News, June 3rd, according to ChainNews monitoring, the collateralized stablecoin sUSDat, fully backed by the digital credit asset STRC, experienced a temporary depegging, dropping by around 7% to below $0.93 and then recovering to $0.98.

ChainNews stated that this market fluctuation occurred after Strategy symbolically broke the "Never Sell" principle. Strategy sold 32 BTC at an average price of around $77,135 during the reporting period, with a total value of approximately $2.5 million, accounting for 0.0038% of its holding of over 843,000 BTC. The proceeds will be used for distribution expenses.

Additionally, during the same period, Strategy also sold 801,994 shares of common stock, raising approximately $1.283 billion.

Источник: BlockBeats

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