Strategy Inc (NASDAQ:MSTR) Chief Financial Officer and Executive Vice President Andrew Kang sold a total of 3,373 shares of the company’s Class A common stock on March 24, 2026. According to a Form 4 filing with the Securities and Exchange Commission, the transactions were carried out in multiple tranches at prices between $137.73 and $139.453, producing proceeds of roughly $328,265.
The Form 4 notes that the sales were intended to cover tax liabilities associated with the vesting of previously granted equity awards. The filing also shows that on March 23, 2026, Kang exercised restricted stock units and thereby acquired 5,330 shares of Class A common stock prior to the March 24 sales.
At the time of the filing the stock was trading at $139.12, reflecting a decline of about 58% over the past year.
Those insider transactions come amid a larger period of asset accumulation by Strategy Inc. The company purchased nearly $1.6 billion worth of Bitcoin between March 9 and last Sunday, a program that included the acquisition of 22,337 Bitcoin. The bulk of funding for that purchase was sourced from $1.2 billion in proceeds from sales of the company’s Stretch perpetual preferred shares and $400 million sourced from common stock sales.
In addition to that larger buy, Strategy Inc. also acquired roughly $76.5 million worth of Bitcoin between March 16 and March 22, transactions that were funded with proceeds from at-the-market sales of its Class A common stock.
Market watchers have reacted with fresh coverage tied to these moves. Texas Capital Securities initiated coverage of Strategy Inc. with a Buy rating and a $200.00 price target, citing the company’s position in digital asset treasury management. B.Riley also began coverage with a Buy recommendation and a $175.00 target, pointing to the scale of the company’s Bitcoin holdings. Bernstein SocGen Group reiterated an Outperform rating and kept a $450.00 price target, noting confidence in Bitcoin’s future trajectory. The firms’ comments and ratings underscore attention to Strategy Inc.’s strategy of enlarging its Bitcoin stake.
All filings and transactions referenced above are reflected in the company’s public disclosures and the SEC Form 4 submitted in relation to Kang’s stock sales. The combination of insider tax-related sales and the company’s continuing purchases of Bitcoin highlights parallel threads of executive equity management and corporate treasury activity.