Overview
- Between Aug. 10 and Aug. 16 Strategy sold 3.46 million MSTR shares and raised $333.7 million through its at‑the‑market program, according to SEC filings reported across multiple outlets.
- The company used about $132.2 million to repurchase roughly 1.39 million STRC preferred shares and $52.4 million to pay STRC dividends, supporting the preferred that yields around 12%.
- Strategy added about $149–150 million from the stock sale to its U.S. dollar reserve, bringing the reserve to roughly $4.8 billion to cover preferred dividends, interest and repurchase programs.
- The firm left its Bitcoin holdings unchanged at 840,447 BTC for the reporting week and has paused routine weekly purchases for several weeks under the June Digital Credit Capital Framework.
- The moves sharpen the tradeoffs for common shareholders by expanding dilution risk from equity issuance while strengthening preferred‑holder protections and leaving open up to $1.25 billion of authorized Bitcoin sales, a point that has revived public valuation and arbitrage debate.