BUSINESSTHE BLOCK
Strategy sells $263.5 million in MSTR shares, buys no bitcoin as USD reserve tops $3.2 billion
Strategy sold $263.5 million in MSTR shares and did not purchase bitcoin as its USD reserves exceeded $3.2 billion. The company's total bitcoin holdings represent approximately 4% of the 21 million supply cap, valued at around $54.7 billion.
Related Signal
Adjacent reporting
- Strategy sells $467 million in MSTR shares, makes no bitcoin purchases as USD reserve hits $3 billion
- Strategy pauses its Bitcoin buying spree to hoard a massive $3 billion cash cushion
- Michael Saylor’s Strategy buys another 1,550 bitcoin for $101 million after small sale as total holdings rise to 845,256 BTC
- Strategy sells 3,588 BTC for $216 million, with total bitcoin holdings still underwater
- Michael Saylor’s Strategy sells 32 bitcoin for $2.5 million as total holdings drop to 843,706 BTC