Strategy sells 1,690 BTC and raises $653M from MSTR share sale

Michael Saylor's Strategy sold 1,690 bitcoins, reducing its total holdings to 840,447 BTC worth approximately $55 billion. At the same time, the company raised $653 million through the sale of MSTR shares, boosting its USD reserve to $4.65 billion. Strategy's bitcoin holdings represent roughly 4% of the total 21 million BTC supply cap.