Strategy sells $263.5 million in MSTR shares, buys no bitcoin as USD reserve tops $3.2 billion
The Block·
60-second summary
Strategy is selling $263.5 million in MicroStrategy shares, reducing its stake in the company. Its total bitcoin holdings remain unchanged, accounting for approximately 4% of the 21 million supply cap, valued at around $54.7 billion. This move indicates a shift in Strategy's financial priorities, with its USD reserve now exceeding $3.2 billion, impacting its overall risk management and investment strategy.
Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $54.7 billion.