Michael Saylor’s Strategy sells another 1,690 BTC as USD reserve hits $4.65 billion
60-second summary
Michael Saylor's Strategy is selling another 1,690 BTC, adding to its existing holdings that account for roughly 4% of the 21 million bitcoin supply cap, worth approximately $55 billion. This sale comes as Strategy's USD reserve hits $4.65 billion, indicating a significant liquidation of assets, potentially impacting market sentiment and prices, amidst ongoing cryptocurrency volatility.
Strategy's total holdings account for roughly 4% of the 21 million bitcoin supply cap — worth roughly $55 billion.