Strategy raises $334M through stock sales but buys no Bitcoin

cointelegraphPublished on 2026-08-17Last updated on 2026-08-17

Abstract

Strategy raised approximately $333.7 million through the sale of 3.46 million MSTR common shares last week but did not purchase any Bitcoin, leaving its holdings unchanged at 840,447 BTC. According to an SEC filing, the proceeds were allocated as follows: $52.4 million for preferred stock dividends, $132.2 million for repurchasing the same preferred shares, and $149.1 million added to the company's US dollar reserves. Strategy's Bitcoin was acquired at an average price of $75,385 per coin. The company's dollar reserve now totals $4.80 billion, intended to cover dividend and debt interest payments.

Strategy raised $333.7 million through common stock sales last week but made no Bitcoin purchases, leaving its holdings unchanged at 840,447 BTC.

The company sold 3.46 million MSTR shares between Aug. 10 and Aug. 16 through its at-the-market offering program, according to a Monday 8-K filing with the US Securities and Exchange Commission.

Of the proceeds, $52.4 million was used to fund the twice-monthly dividends on STRC preferred stock, while $132.2 million funded repurchases of the same security. Another $149.1 million was added to the company’s US dollar reserve.

Strategy repurchased about 1.39 million STRC shares for $132.2 million during the week. It made no repurchases of its other preferred securities or MSTR common stock.

STRC was down 0.12% in premarket activity Monday at $94.67 after closing Friday 1.03% lower at $94.78, according to Yahoo Finance.

The company reported no Bitcoin purchases or sales during the period. Its 840,447 BTC were acquired for an aggregate $63.36 billion, including fees and expenses, at an average purchase price of $75,385 per coin.

Strategy’s US dollar reserve stood at $4.80 billion as of Sunday, including expected proceeds from stock sales that had not yet settled. The reserve is intended to support preferred-stock dividends and interest payments on outstanding debt.

Related: Strategy’s Saylor needs clarity in BTC pivot message to convince investors: StanChart

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Strategy Raises $334 Million from Share Sale but Does Not Buy Bitcoin

Last week, Strategy raised $333.7 million from the sale of common stock but did not purchase any Bitcoin. The company's Bitcoin holdings remained unchanged at 840,447 BTC, acquired at an average price of $75,385 per coin for a total of $63.36 billion, including fees. According to an SEC 8-K filing, the stock sales occurred through an at-the-market offering. Of the proceeds, $52.4 million was allocated for preferred stock (STRC) dividends, $132.2 million for the repurchase of those same preferred shares, and $149.1 million was added to the company's dollar reserve, which stood at $4.80 billion as of Sunday. The company did not repurchase any other preferred securities or common stock (MSTR). Shares of STRC dipped slightly in premarket trading. Strategy's dollar reserve is intended for dividend payments and servicing outstanding debt.

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Strategy Raises $334 Million from Share Sale but Does Not Buy Bitcoin

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Strategy Raised $334 Million from Stock Sale but Did Not Buy Bitcoin

Last week, Strategy raised $333.7 million from the sale of common stock but did not purchase any bitcoin, leaving its holdings unchanged at 840,447 BTC. The funds were generated through a market price sales program. Of the proceeds, $52.4 million was allocated for dividends on STRC preferred shares, $132.2 million for the repurchase of those same shares, and $149.1 million was added to the company's dollar reserves. Strategy repurchased approximately 1.39 million STRC shares during the week. The company did not report any bitcoin transactions; its total BTC was acquired for $63.36 billion at an average price of $75,385 per coin. As of Sunday, Strategy's dollar reserve stood at $4.80 billion, earmarked for dividend payments and debt interest.

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