BlockBeats News, May 16th, according to a filing with the U.S. Securities and Exchange Commission (SEC), Strategy (formerly MicroStrategy) director Jarrod M. Patten sold $5.2 million worth of Class A shares in less than a month and plans to sell another $300,000 worth of shares this week.
Strategy is currently the largest publicly traded company Bitcoin holder, holding over $58 billion worth of Bitcoin. The company's stock price rose over 20% between April 22nd and May 14th, reaching a new high for the year this week at $421.61. (DL News)
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