Strategy Sells $105M Bitcoin, Boosts Dollar Reserve to $4B in Capital Overhaul
MSTR sits 16% above its 52-week low of $81.81 on light trading volume (0.3× avg).
Summary
Strategy sold 1,638 Bitcoin for $104.73M at an average $63,957 per token—below its $75,419 aggregate cost—and raised $290.6M by selling 3M MSTR shares via its ATM program. The moves push its dollar reserve to $4B, up from $2.55B in late June, and funded $81.2M in discounted STRC preferred share buybacks at ~$89. This follows the July 6 8-K disclosing a $216M Bitcoin sale and the June 29 Digital Credit Capital Framework launch, showing an accelerating shift from pure Bitcoin accumulation to active balance-sheet management. The company still holds 842,138 BTC, roughly 4% of supply, but the below-cost sale and equity dilution signal a pragmatic pivot toward liquidity and liability management. The $4B reserve provides a substantial buffer for preferred dividends and debt service, reducing near-term financial strain.
At the time of this announcement, MSTR was trading at $95.27 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $33.4B. The 52-week trading range was $81.81 to $414.36. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: CryptoProwl.