Strategy Sells Bitcoin as Crypto Sinks While S&P 500 Hits 7,600 episode artwork

EPISODE · Jun 1, 2026 · 12 MIN

Strategy Sells Bitcoin as Crypto Sinks While S&P 500 Hits 7,600

from Market Brief - After Hours

On today's episode of Market Brief – After Hours, Strategy made a historic move — selling Bitcoin for only the second time ever — sending crypto sharply lower while Bitcoin fell to its lowest level since mid-April. In sharp contrast, the S&P 500, Nasdaq, and Dow all closed at fresh record highs, powered by Nvidia's 6% surge on a new AI-driven PC chip and a stunning 30% single-day gain for Hewlett Packard Enterprise on blockbuster AI server earnings. We also break down Berkshire Hathaway's $6.8 billion homebuilder acquisition, the MGM Resorts surprise takeover bid, a broad European selloff, and key technical setups across EUR/USD, GBP/USD, USD/JPY, and USD/CHF. Hosted on Acast. See acast.com/privacy for more information.

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Strategy Sells Bitcoin as Crypto Sinks While S&P 500 Hits 7,600

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