MicroStrategy raises $335.5M via $MSTR share sales, adds more Bitcoin

MicroStrategy raised $335.5 million by selling 2.71 million $MSTR shares through its at-the-market (ATM) program and used part of the proceeds to purchase additional Bitcoin, according to its latest Form 8-K filing. The company reported a new buy of 520 BTC for $34.9 million, at an average price of $67,068 per bitcoin. It has added 85,244 BTC so far this quarter and 174,874 BTC year-to-date, bringing total holdings to 847,363 BTC. MicroStrategy's USD reserve stands at $1.4 billion, leaving significant capacity for further purchases.