Back to top
  • 공유 Share
  • 인쇄 Print
  • 글자크기 Font size
URL copied.

Strategy Raises $466.7M Through MSTR Stock Sale While Keeping Bitcoin Holdings Unchanged

Strategy Raises $466.7M Through MSTR Stock Sale While Keeping Bitcoin Holdings Unchanged. Source: MicroStrategy, CC BY 2.0, via Wikimedia Commons

Michael Saylor’s Strategy has raised approximately $466.7 million through the sale of its Class A common stock, while keeping its Bitcoin holdings unchanged for the second consecutive reporting period, according to a filing with the U.S. Securities and Exchange Commission (SEC).

Between July 6 and July 12, the company sold 4,818,781 shares of MSTR stock under its at-the-market (ATM) equity program, generating net proceeds of $466.7 million. Following the latest sale, Strategy still has about $23.79 billionworth of MSTR shares available for future issuance under the program.

The SEC filing confirmed that Strategy did not purchase or sell any Bitcoin during the reporting week. As a result, the company’s Bitcoin treasury remains at 843,775 BTC, acquired for a total cost of $63.69 billion, with an average purchase price of $75,476 per Bitcoin, excluding fees and related expenses.

Strategy also disclosed that it held approximately $3 billion in cash reserves as of July 12. The company said these funds are intended to cover dividend payments on its preferred stock and interest obligations on outstanding debt. The reported cash balance also includes proceeds from ATM stock sales that had not yet settled by the reporting date.

In addition, the company confirmed it did not repurchase any shares under its existing stock buyback programs during the week.

The latest update follows Strategy’s recent sale of roughly $216 million worth of Bitcoin, only the second BTC sale in the company’s history. According to the company, those proceeds were used to fund dividend payments tied to STRC preferred shares and other digital credit securities.

Despite speculation surrounding the company’s $1.25 billion Bitcoin Monetization Program, Strategy’s latest filing indicates no additional BTC sales have occurred. Instead, the company continues relying on equity offerings to strengthen its balance sheet while maintaining one of the world’s largest corporate Bitcoin holdings.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

Most Popular

Comment 0

Comment tips

Great article. Requesting a follow-up. Excellent analysis.

0/1000

Comment tips

Great article. Requesting a follow-up. Excellent analysis.
1