Strategy sold 1,638 BTC for $104.7 million, boosting cash reserves to $4 billion as Michael Saylor's firm shifts focus to debt management and

The bitcoin treasury firm still holds over 800,000 bitcoin, which it purchased at an average price higher than what the cryptocurrency is currently worth.

Michael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock.