Strategy Inc raises $544.5M through ATM common stock sales while buying back $25M in preferred shares
MSTR sits 15% above its 52-week low of $81.81.
Summary
During the week ended July 26, 2026, Strategy Inc generated $544.5 million from ATM common stock sales and repurchased $25 million of preferred stock. No bitcoin was acquired, and the USD reserve stands at $3.75 billion.
Key Events · Financing and Capital Events · MSTR
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ATM Common Stock Sales
During the week ended July 26, 2026, 5,429,160 shares of MSTR common stock were sold, yielding net proceeds of $544.5 million. The remaining ATM capacity for common stock stands at $22.98 billion.
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Preferred Stock Repurchase
A total of 288,930 shares of STRC preferred stock were repurchased for $25.0 million. Under the preferred stock repurchase program, $975 million remains available.
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Bitcoin Holdings Unchanged
No bitcoin purchases were made this week, leaving total holdings unchanged at 843,775 BTC, acquired at an average price of $75,476 per bitcoin.
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USD Reserve Update
As of July 26, 2026, the USD Reserve balance is $3.75 billion, earmarked to support preferred dividends and debt service.
Analysis · MSTR · Crypto Assets
The latest week underscores the relentless pace of Strategy Inc's capital-raising efforts, with $544.5 million in common stock sold through its ATM facility. This continues a pattern of heavy equity issuance that has been funding bitcoin acquisitions and liquidity needs, adding to the substantial dilution already in motion. A modest $25 million repurchase of preferred stock provides only a slight counterbalance, leaving the net effect as a meaningful expansion of the common share count. With $22.98 billion in remaining ATM capacity for common stock alone, the dilution overhang remains a key concern. Notably, the company paused bitcoin purchases this week, keeping its holdings at 843,775 BTC, and disclosed a $3.75 billion USD reserve to support preferred dividends and debt service.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MSTR was trading at $94.15 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $32.1B. The 52-week trading range was $81.81 to $419.95. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.