Strategy raises $263.5M selling MSTR shares but buys no bitcoin

Strategy sold $263.5 million worth of its MSTR shares but did not use the proceeds to buy any bitcoin, while its USD reserve surpassed $3.2 billion. The company's total bitcoin holdings represent roughly 4% of the 21 million BTC supply cap, valued at approximately $54.7 billion. The move marks a departure from Strategy's usual pattern of converting share sales into bitcoin purchases.