- Over the week, Strategy sold 3.46 million MSTR common shares and raised $333.7 million in net proceeds.
- The company allocated $132.2 million to repurchase 1.39 million STRC preferred shares, and another $52.4 million — to pay dividends on them.
- Strategy’s Bitcoin position remained unchanged — 840,447 BTC.
Strategy did not buy bitcoin between August 10 and 16, 2026. Instead, it used proceeds from selling MSTR common shares to manage its capital structure and increase its dollar reserve.
Strategy added $150M to its USD Reserve and repurchased $132M of $STRC, extending USD Duration to 2.8 yrs (+41 days) and tightening STRC BTC Credit to 114 bps (-4 bps). As of 8/16/26: ₿840,447 BTC Reserve; $4.8B USD Reserve. $MSTRhttps://t.co/kNWPowilmT
— Michael Saylor (@saylor) August 17, 2026
Over the week, Strategy sold more than 3.4 million MSTR shares via its ATM program and received $333.7 million in net proceeds after fees.
Strategy used the largest share of the raised capital for transactions involving STRC preferred shares. The company repurchased 1.3 million STRC for $132.2 million. The estimated average repurchase price was about $95.20 per share.
Another $52.4 million of the raised funds was allocated to fund STRC dividends.
In total, $184.6 million, or about 55.3% of all net proceeds from the week’s MSTR sales, went to STRC buybacks and dividends. This time, the company did not sell STRF, STRC, STRK, or STRD preferred shares.
Dollar reserve and Bitcoin
The remaining $149.1 million was allocated to top up Strategy’s dollar reserve. That is about 44.7% of all net proceeds from selling MSTR.
The company’s dollar reserve stands at $4.8 billion. Strategy uses it for future dividend payments on preferred shares and interest on debt obligations.
As of August 16, Strategy held 840,447 BTC with a total acquisition cost of $63.36 billion. The average purchase price was $75,385 per bitcoin. This time, the company did not use its usual capital-raising playbook of selling MSTR and then buying bitcoin.
Instead, the entire $333.7 million stayed within Strategy’s financial structure: $184.6 million went to STRC operations and dividends, and $149.1 million went into a dollar reserve.
As a reminder, Strategy CEO Phong Le previously explained the rationale behind selling bitcoin and pausing new purchases.
Сообщение Strategy Raised $333 Million via MSTR Stock Sale and Bought Zero Bitcoin Over the Week появились сначала на INCRYPTED.

