NewsNovo
A firm that tied its corporate identity to Bitcoin accumulation is now selling again.
Michael Saylor's Strategy has offloaded another 1,690 $BTC, lifting its USD reserve to $4.65 billion, even as total holdings remain at roughly 4% of Bitcoin's 21 million coin supply cap.
That position is worth approximately $55 billion. What the numbers actually show Four percent of a hard-capped supply is a notable concentration.
Strategy's $BTC holdings, worth approximately $55 billion, dwarf the USD reserve it is building, which means the sale itself is small relative to the total stack.
Keep reading