Strategy sells 4,818,781 MSTR shares for $466.7 million, holds Bitcoin reserve at 843,775 BTC
Strategy disclosed it raised ~$466.7M via ATM MSTR equity sales while keeping BTC holdings flat at 843,775 and holding ~$3B cash to service preferred dividends and debt interest. The lack of incremental BTC buying and reliance on ongoing equity financing highlight balance-sheet and funding-model sensitivity, keeping focus on capital markets access and the credibility of its monetization framework. Near-term impact concentrates on MSTR equity and related financing-linked volatility.
AI Insight · NCSKMSTR2USD/USDTAI Insight
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Michael Saylor-led Strategy sold 4,818,781 shares of its Class A common stock through an at-the-market program from July 6 through July 12, generating $466.7 million in net proceeds. The company reported no additional Bitcoin purchases during the period, keeping its holdings unchanged at 843,775 BTC, according to a Form 8-K filed with the U.S. Securities and Exchange Commission. Strategy also said it held $3 billion in U.S. dollars in reserve as of July 12 to pay dividends on its preferred stock and interest on its debt. It did not repurchase any shares under its share repurchase programs in the week ended July 12.