Strategy Sells Another 1,638 BTC, Boosts STRC Price to $92

Strategy, the world's largest corporate holder of Bitcoin, has disposed of another 1,638 BTC in the past week. This is its third sale in recent months.

Michael Saylor, Strategy's Chairman and co-founder, clarified a statement he made earlier: 'Never sell your bitcoin.' He explained that this advice was meant for individual savers, not companies like Strategy.

Saylor assured investors that as an individual investor, he has never sold any Bitcoin. However, as the head of a public company, he acknowledged that Strategy may buy or sell BTC to manage its capital.

The sale of 1,638 BTC is in addition to the 3,588 units sold at the end of June. The proceeds were used to repurchase more of Strategy's own STRC shares, which has helped strengthen the asset's price, currently trading at $92.