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Strategy Sells $263.5 Million in MSTR Shares
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Strategy sold 2.73 million MSTR shares for $263.5 million in net proceeds between July 13 and July 19. The company did not purchase any bitcoin during the week, leaving its holdings unchanged at 843,775 BTC, acquired at an average price of $75,476 per coin. Its U.S. dollar reserve increased to $3.225 billion. Investors will watch whether the company resumes bitcoin purchases in the coming weeks.
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