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Home›Crypto›Market Structure›Strategy sells $467 million in MSTR shares as USD rese…

Strategy sells $467 million in MSTR shares as USD reserve nears $3 billion

The company said it made no bitcoin purchases, keeping total holdings at 843,775 BTC worth about $53 billion.

Reported · Written up by our desk · Market Structure

Strategy sold about $467 million worth of shares of MicroStrategy (MSTR), according to The Block.

The outlet reported that the company did not buy any bitcoin during the period, even as its USD reserves approached $3 billion.

Strategy said its total bitcoin holdings stayed at 843,775 BTC, which it characterized as roughly 4% of the 21 million bitcoin supply cap.

Based on the figures cited by The Block, the holdings were worth about $53 billion.

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Sources

The BlockStrategy sells $467 million in MSTR shares, makes no bitcoin purchases as USD reserve hits $3 billion

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