MicroStrategy (MSTR) has sold 1,690 Bitcoin this year and raised $653 million through the sale of its common stock. The company has cumulatively sold approximately 7,000 Bitcoin this year, marking a significant reversal from its founder's long-standing position of not selling Bitcoin for years. MicroStrategy previously inspired companies worldwide to transform their balance sheets into leveraged bets on cryptocurrency through a strategy of "raise capital, buy Bitcoin, repeat."