Strategy Sells 1.4M Shares for $181M, Adds 1,550 Bitcoin, Holds $1B Cash Reserve
MSTR sits 20% above its 52-week low of $104.165 on elevated volume (2.3× avg).
Summary
Strategy Inc sold 1.41 million Class A shares through its at-the-market (ATM) offering, generating $181 million in net proceeds. The company subsequently used $101.3 million to acquire 1,550 Bitcoin at an average price of $65,332 per BTC, continuing its core strategy of accumulating digital assets. This update brings its total Bitcoin holdings to 845,256 BTC. Additionally, Strategy Inc reported maintaining a $1.0 billion USD reserve, providing significant liquidity.
At the time of this announcement, MSTR was trading at $125.01 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $42.2B. The 52-week trading range was $104.17 to $457.22. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.