sUSDat Breaks Below $0.93 as Strategy Sells 32 BTC Worth $2.5M on June 3

BTC-6.27%
According to Peckshield and BlockBeats, on June 3, sUSDat stablecoin—backed 100% by digital credit asset STRC—fell below $0.93, down approximately 7%, before recovering to $0.98. The depegging coincided with Strategy's sale of 32 BTC at an average price of $77,135 per coin, totaling $2.5 million and representing 0.0038% of its 843,000 BTC holdings. Strategy stated the proceeds will be used for distribution and expenses.
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