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Strategy Boosts Cash to $6.7B While Holding 840,447 BTC

Strategy has sold MSTR stock to build a $6.7 billion dollar reserve for preferred dividends, preserving optionality to buy Bitcoin later.

Overview

  • The company increased dollar liquidity to about $6.685 billion after raising roughly $2.0 billion through at‑the‑market MSTR share sales.
  • Strategy kept its Bitcoin treasury unchanged at 840,447 BTC with an aggregate acquisition cost of $63.36 billion and an average cost near $75,385 per coin.
  • At market prices near $77,175, that Bitcoin position was about $1.5 billion above acquisition cost on an unrealized, market‑dependent basis.
  • Management has used common‑share proceeds to repurchase preferred stock and fund dollar dividends, spending roughly $132 million to buy back STRC in the reported period.
  • Executive chairman Michael Saylor reaffirmed his 'digital energy' thesis on Aug. 23, a framing that guides the company’s long‑term Bitcoin holdings even as the short‑term pause in net purchases removes one steady buyer from spot markets while leaving a nearly $6.7 billion war chest that could be deployed later.