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Alden: $BTC needs no savior as Strategy offloads 3,588 BTC for $216M

7/8/2026

$BTC is in focus after Strategy sold 3,588 Bitcoin for $216 million, a transaction that drew a direct response from Bitcoin-focused macroeconomist Lyn Alden.

Her argument: the asset needs to stand on its own merits, with no single institutional buyer functioning as a de facto floor.

She paired that position with a warning about leverage risks tied to STRC, raising a second concern about how corporate Bitcoin vehicles behave when conditions shift.

Alden's case for $BTC Bitcoin should not need a rescuer.

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