From "never sell" to actively selling! Strategy (MSTR.US) has reduced its holdings by 1,638 Bitcoins, planning to expand its cash-out target to $5 billion.

According to Zhito Finance APP, when the price of Bitcoin hovers around $62,000, significantly lower than the company's historical holding cost, the once "buy and hold" Bitcoin whale is undergoing a profound strategic transformation. On August 3, an 8-K filing submitted by Strategy (MSTR.US) to the U.S. Securities and Exchange Commission (SEC) revealed that the company sold 1,638 Bitcoins for $104.73 million over the week ending August 2, with an average selling price of approximately $63,957. This price is about 15% lower than the company's overall average holding cost of $75,419, indicating a book loss of approximately $11,462 per Bitcoin.