Michael Saylor's Strategy sells 1,690 BTC as its USD reserve grows to $4.65 billion, with total holdings now worth ~$55 billion.
Macro & Markets ·
A bitcoin sale totaling 1,690 BTC has reduced holdings amid an expansion of dollar reserves to $4.65 billion, according to reporting. The remaining portfolio is valued at approximately $55 billion and represents roughly 4% of the 21 million bitcoin supply cap.
The transaction reflects a shift in asset composition, moving liquidity into fiat while maintaining a substantial position in bitcoin. The timing and mechanics of the sale—whether it was executed gradually or in a single block—remain unclear from available reports.
The move signals a change in treasury strategy, though the rationale behind the bitcoin reduction against growing dollar reserves has not been disclosed. It remains unknown whether this marks a sustained rebalancing pattern or a one-time adjustment to operational needs.