CoinVoice has recently learned that, according to DL News, Jarrod Patten, a director at Strategy (formerly MicroStrategy), has recently reduced his holdings of Class A shares by $5.2 million and plans to continue selling $300,000 this week. The reduction occurred when the company's stock price hit a new high for the year at $421.61, and after the latest news was announced, the stock price fell 3% to $403. Data shows that Patten has been reducing his holdings in batches since April 22, during which the stock price has risen over 20%. Currently, more than 130 companies have followed Strategy's Bitcoin holdings strategy.