Strategy raises $263.5 million through MSTR share sales, reports no Bitcoin purchases
Strategy on Monday reported raising $263.5 million through the sale of over 2,7 million Class A shares under its at-the-market offering program during the week ended July 19, while recording no sales under any of its preferred stock ATM facilities.
During the same period, Strategy made no share repurchases and did not purchase any Bitcoin. As a result, the company’s Bitcoin holdings remain at 843,775 BTC, worth about $54.7 billion at current market prices.
Strategy also reported holding $3.2 billion in its US dollar reserve as of July 19 to support preferred stock dividends and debt obligations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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