Michael Saylor’s Strategy sells another 1,638 BTC for $105 million, reducing total holdings to 842,138 BTC
The Block·
60-second summary
Michael Saylor's Strategy sells another 1,638 BTC for $105 million, reducing total holdings to 842,138 BTC. This sale accounts for around 4% of the 21 million bitcoin supply cap, worth roughly $53 billion. The strategy's reduced holdings may impact its market influence, while the sale's substantial size could affect overall market sentiment and potentially lead to a slight price correction.
Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $53 billion.