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Strategy sells 1,638 BTC for $105 million, cutting holdings to 842,138

The Block reports the sale reduces Strategy's total bitcoin holdings to 842,138 BTC, worth about $53 billion at the time, based on its disclosed supply-cap context.

Reported · Written up by our desk · Bitcoin

Strategy, Michael Saylor’s bitcoin strategy company, has sold another 1,638 bitcoin for $105 million, according to The Block.

Following the transaction, Strategy’s total holdings stand at 842,138 BTC.

The outlet also said Strategy’s bitcoin holdings represent about 4% of the 21 million bitcoin supply cap, valuing the position at roughly $53 billion based on that framing.

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