According to DL News, Strategy('s former MicroStrategy) director Jarrod Patten recently sold $5.2 million worth of Class A shares and plans to continue selling $300,000 this week. This reduction in holdings occurred as the company's stock price reached a new high of $421.61 in 2025, still 11% lower than the historical peak of $473.83 last November. Following the announcement of this reduction, the Strategy stock price fell 3% to $403 on the same day. Data shows that Patten sold shares in batches between April 22 and May 14, during which time the company's stock price rose over 20%. Currently, more than 130 companies have followed Strategy's Bitcoin holdings strategy.