Strategy Raises $334M from MSTR Sales, Maintains Bitcoin Holdings
Strategy has raised $334 million through the sale of MSTR shares while keeping its Bitcoin holdings unchanged at 840,447 BTC. The firm has opted not to engage in any Bitcoin transactions for another week, focusing instead on building its cash reserves, which now total $4.8 billion.
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Strategy Goes Another Week Without Buying — Or Selling — Bitcoin, Builds Up Cash Reserve
Bitcoin Magazine Strategy Goes Another Week Without Buying — Or Selling — Bitcoin, Builds Up Cash Reserve Strategy last week sold MSTR shares for approximately $333.7 million and did not buy or sell any Bitcoin. This post Strategy Goes Another Week Without Buying — Or Selling — Bitcoin, Builds Up Cash Reserve first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
Strategy skips Bitcoin purchase after raising $333.7M from MSTR sales
Strategy has raised $333.7 million through common stock sales without buying or selling Bitcoin last week, leaving its holdings unchanged at 840,447 BTC. According to a Form 8-K filed with the U.S. Securities and Exchange Commission on Aug. 17, Strategy…
Strategy Leaves Bitcoin Untouched, Raises $334M Selling MSTR Stock
The Bitcoin treasury firm halted BTC sales after three weeks, with equity issuance covering dividends, a STRC buyback and the dollar reserve.
Strategy sells $334 million in MSTR shares, makes no bitcoin purchases or sales as USD reserve hits $4.8 billion
Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $53.4 billion.