Strategy Dumps Another 1,690 BTC in Ongoing Bitcoin Sell-Off

The world's largest corporate holder of bitcoin sold 1,690 BTC for $108.6 million and repurchased 1.15 million STRC preferred shares, while also selling 6.59 million MSTR shares to raise $653.1 million. The moves boosted its USD reserve to over $4.6 billion, a fundraising and treasury-focused action that reduces bitcoin exposure and strengthens the company's cash position, likely neutral to negative for BTC price but positive for corporate financial flexibility.