Strategy dumped $108M in BTC at a loss and a whopping $650M of MSTR stock, and yet MSTR stock barely flinched. What gives?

Strategy sells 1,690 Bitcoin and raises $653M from MSTR shares, lifting its USD reserve to $4.65B.

Strategy dumped $108M in BTC at a loss and a whopping $650M of MSTR stock, and yet MSTR stock barely flinched. What gives?