Bitcoin Falls Below $77K Despite Saylor Buy Hints, CLARITY Act Progress
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Bitcoin fell below $77,000 on May 17, 2026, reversing gains from the CLARITY Act rally and wiping out roughly $80 billion in crypto market value while triggering about $980 million in liquidations. MicroStrategy CEO Michael Saylor hinted at another BTC buy as Strategy held 818,869 BTC valued at $64.23 billion with an average purchase price of $75,540 and an unrealized gain of 3.84% (~$2.37 billion), highlighting ongoing institutional accumulation amid market risk.
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- Bitcoin fell below $77,000 as the market fully reversed gains tied to the CLARITY Act rally.
- Michael Saylor hinted at another buy as Strategy’s BTC holdings reached 818,869 BTC.
- The BTC sell-off wiped out roughly $80B in market value and triggered $980M in liquidations.
Bitcoin fell below $77,000 even as bullish crypto policy news continued to move through Washington and Michael Saylor hinted at another BTC purchase.
In a post on X, Saylor shared a Strategy portfolio chart with the caption “₿ig Dot Energy,” a phrase traders quickly tied to another Bitcoin buy announcement.
The chart showed Strategy holding 818,869 BTC worth $64.23 billion as of May 17, 2026, with an average purchase price of $75,540. The firm’s unrealized gain stood at 3.84%, or roughly $2.37 billion. The chart also showed 109 separate Bitcoin purchases since 2020.
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