- Strategy raised $466.7 million through MSTR stock sales, boosting its U.S. dollar reserve to $3 billion.
- The company made no Bitcoin purchases or sales, maintaining its treasury at 843,775 BTC.
- The expanded cash reserve supports preferred stock dividends, debt obligations, and overall corporate liquidity.
Strategy increased its U.S. dollar reserve to $3 billion after raising $466.7 million through stock sales, according to a filing with the U.S. Securities and Exchange Commission. The company completed the transactions between July 6 and July 12. However, Strategy made no Bitcoin purchases or sales, leaving its holdings unchanged at 843,775 BTC.
Stock Sale Lifts Cash Position
According to the SEC filing, Strategy sold 4,818,781 Class A MSTR shares through its at-the-market equity program. The transactions generated net proceeds of approximately $466.7 million.
Meanwhile, the company did not issue any preferred shares under its STRC, STRF, STRK, or STRD programs during the reporting period. It also made no share repurchases under its existing buyback plans.
Following the latest sale, Strategy still has about $23.79 billion available under its MSTR at-the-market issuance program. The filing also noted that expected proceeds from unsettled share sales contributed to the reported cash balance.
Bitcoin Holdings Stay Unchanged
Despite raising fresh capital, Strategy left its Bitcoin treasury untouched during the week. As of July 12, the company continued holding 843,775 BTC.
According to the filing, Strategy acquired those holdings for approximately $63.69 billion. The average purchase price stood at $75,476 per Bitcoin, excluding fees and related expenses.
Earlier, the company disclosed that it sold about $216 million worth of Bitcoin to strengthen liquidity. However, no additional Bitcoin transactions occurred during the latest reporting period.
Cash Reserve Supports Financial Commitments
Strategy stated that its $3 billion U.S. dollar reserve supports dividend payments on its STRC preferred stock. The reserve also covers interest payments on the company’s outstanding debt.
Michael Saylor separately announced that Strategy increased its U.S. dollar reserve by roughly $450 million while maintaining its Bitcoin holdings. He said the company held 843,775 BTC alongside $3 billion in U.S. dollar reserves as of July 12.
The filing confirms Strategy’s treasury now includes both its unchanged Bitcoin position and its expanded cash reserve following the latest equity offering.