A smaller Bitcoin position
The sale reduces Strategy's Bitcoin stash, though the company didn't disclose how much it holds now. The move comes as Bitcoin's price has been swinging, and the sale suggests management is looking to reduce exposure. It's a notable step for a company that has tied its fortunes to the cryptocurrency. The $109 million figure is a meaningful chunk, though it's a fraction of what the company likely holds.
The buyback
Alongside the sale, Strategy announced
