MicroStrategy Sells 1,638 BTC as Holdings Reach $53 Billion

MicroStrategy has offloaded 1,638 BTC in a sale totaling $105 million. Despite this move, the firm remains the largest corporate holder of the asset, with a remaining balance of 842,138 BTC.

This stash now represents about 4 percent of the total supply of Bitcoin, which is capped at 21 million coins. At current valuations, the company holds roughly $53 billion in the digital asset.

Traders are watching closely to see how this sale impacts the firm's broader accumulation strategy. While the company has been a famous buyer for years, this shift highlights the ongoing activity within its massive reserve as the market reacts to shifting corporate balance sheets.