Strategy Sells $263.5M in Shares via ATM, Holds $3.225B in Reserve
MSTR sits 18% above its 52-week low of $81.81.
Summary
Strategy sold 2.73 million shares through its at-the-market program last week, raising $263.5 million in net proceeds. The company did not purchase any bitcoin during the period, leaving its holdings unchanged at 843,775 BTC. Its USD reserve now stands at $3.225 billion, including unsettled ATM proceeds. This follows a series of aggressive capital raises and bitcoin acquisitions earlier in the year, but the pause in buying and continued share sales suggest a shift toward liquidity building. The $3.225 billion reserve provides significant dry powder for future bitcoin purchases or debt management.
At the time of this announcement, MSTR was trading at $96.27 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $33.2B. The 52-week trading range was $81.81 to $456.00. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: SEC EDGAR.