Jarrod Patten, a member of the Strategy board, recently sold a significant portion of his holdings in the company’s Class A shares, totalling $5.2 million. He intends to sell an additional $300,000 this week. This decision comes as the company’s stock reached its new all-time high of $421.61 in 2025. Although it remains 11% below its peak from November last year, the price surge has prompted discussions about Patten’s move. Following his announcement, Strategy’s share price dropped by 3% to $403. Data reveals that Patten sold shares in batches between April 22nd and May 14th, coinciding with a stock price increase of over 20%. Currently, more than 130 companies use Strategy’s Bitcoin holding strategy.