Strategy sold 1,690 Bitcoin last week for $108.6 million to buy back its preferred stock. The company now holds 840,447 Bitcoin, down from 842,138 the week before. Strategy said it now holds $4.65 billion in cash. The stock MSTR fell nearly 3% Monday, trading roughly 80% below its all-time high while Bitcoin remains nearly 50% below its October peak. Despite the sales, Strategy has maintained that its long-term posture toward Bitcoin hasn’t changed.
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