Strategy (MSTR) Sells $263.5 Million in MSTR Shares, Skips Bitcoin Purchase as USD Reserve Tops $3.2 Billion

Strategy (MSTR) sold $263.5 million in MSTR shares between July 13 and July 19, boosting its USD reserve to $3.225 billion. The company made no Bitcoin purchases or sales during the period, maintaining a Bitcoin stack of 843,775 BTC worth $54.7 billion. Management emphasized building a cash buffer against debt while signaling continued long-term Bitcoin buying intentions.