Strategy director offloads $5.2m of company stock amid massive share price rally – DL News
- Strategy’s share price is down 3% on Thursday.
- The company reached a new stock price peak for 2025 earlier this week.
- Strategy holds more than $58 billion worth of Bitcoin.
Jarrod M. Patten, a director at Strategy, formerly MicroStrategy, has sold $5.2 million worth of the company’s Class A shares in less than a month ― and he isn’t done yet.
Details from a Securities and Exchange Commission filing show he plans to offload another $300,000 worth of the stock this week.
Strategy’s share price is down 3% on Thursday and traded for $403.
Patten’s previous sales occurred across multiple tranches between April 22 and May 14. During that time, Strategy’s stock price had climbed more than 20% amid a broader recovery for the company’s…
