Strategy announced that it sold 1,690 Bitcoin ($BTC ) coins at an average price of $64,262 per coin, for a total value of $108.6 million, in an official disclosure issued by the company.

The deal is a notable exit for Bitcoin holdings from the company, and it sets the execution average price at $64,262 as a clear pricing reference for this transaction.

It is not yet clear whether this sale is a standalone step or part of a broader strategy, and no additional details are available regarding the timing of the execution or the counterparty in the deal.

The sale size makes the transaction a focus of attention for traders, especially given the emphasis on how operations of this scale can affect short-term market sentiment.

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