Strategy shares are advancing Monday as Bitcoin climbs to a two-month high and a regulatory filing signals a capital management shift.

Strategy generated $263.5 million in net proceeds from selling more MSTR shares while leaving its Bitcoin holdings unchanged.

Strategy sold $263.5 million in MSTR shares last week without buying bitcoin, raising its U.S. dollar reserve to a record $3.225 billion while maintaining its 843,775 BTC treasury…