The Digital Reader

TechFlash is reporting:

Amazon.com Chairman and CEO Jeff Bezos sold off two million shares of his company on Feb. 16-17, netting approximately $234 million, according to a filing today with the Securities and Exchange Commission. It’s not clear what Bezos plans to do with the proceeds (though his personal space project Blue Origin appears to be ramping up its activities).

Following the sale, Bezos still owns a very large chunk of the company: 92,158,027 shares, the filing indicates. The Amazon CEO saw the value of his Amazon stock soar more than $2 billion in a single day last fall after the company reported strong third-quarter earnings.