Strategy CEO Phong Le sells $279K in company stock

Phong Le, CEO of Strategy (MSTR), the largest corporate holder of Bitcoin, has sold a portion of his company stock for approximately $279,000. According to a filing with the U.S. Securities and Exchange Commission (SEC), Le sold 2,034 vested shares at an average price of $137.25, totaling $279,174. The sale stands in contrast to the company's ongoing strategy of raising capital, including through preferred stock offerings, to acquire more Bitcoin.