MSTR's Bitcoin selling has begun!


The repurchase plan to sell Bitcoin to buy back stock was just announced last week.. And it was directly executed last week.

MSTR just released last week's SEC 8-k filing. The filing shows they have started selling Bitcoin:

6/29 – 6/30: Sold 1363 BTC. Average price $59,256, sold for $80.8 million.
7/1 – 7/5: Sold 2225 BTC. Average price $60,773, sold for $135.2 million.

A total of 3588 BTC were sold, generating $216 million in revenue. Holdings reduced to 843775.
$BTC
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