Bitcoin Rebounds After Trump Calls Himself a 'Big Crypto Guy' Following Strategy's Bitcoin Sale - Unchained

Bitcoin swung from a 2% loss to a marginal 0.6% gain on Monday, closing at $64,042, after President Donald Trump affirmed support for the crypto industry, reversing a slide triggered hours earlier by Strategy‘s largest-ever bitcoin sale.

Trump called himself “a big crypto guy” at a press conference when asked whether the recently launched Trump Accounts could eventually include bitcoin. He stopped short of a commitment but tied his crypto support to geopolitical rivalry: “If we don’t have it, China is going to have it.”

This story is an excerpt from the Unchained Daily newsletter.

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Trump’s remarks came at a moment when crypto sentiment badly needed a lift. Strategy disclosed earlier Monday that it sold $216 million of bitcoin between June 29 and July 5, its largest sale since it began accumulating the asset in 2020 and only its third disclosed sale overall.

Strategy said proceeds from the Bitcoin sale funded distributions on its preferred shares and replenished its dollar reserve, which stood at $2.55 billion as of July 5. The company still holds 843,775 bitcoin, more than 4% of the total supply.

Trump’s remarks also came days after his own financial disclosures showed he earned roughly $1.4 billion from crypto ventures in 2025, an issue he faces recurring questions about even as he pushes a pro-crypto agenda. He said Monday he does not discuss crypto strategy with his sons, who run the family’s World Liberty Financial venture: “I let my kids do whatever the hell they do… I don’t bother because this office is a much higher calling.”

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