Strategy said its net proceeds from the MSTR common stock at-the-market, or ATM, program reached $466.7 million as of July 12, lifting its U.S. dollar reserves to $3 billion. The update was disclosed in an 8-K filing and by Michael Saylor.
The company did not buy any Bitcoin during the same period, leaving its holdings unchanged at 843,775 BTC. Strategy also said its cumulative purchase cost stands at about $63.69 billion, with an average acquisition cost of roughly $75,476 per Bitcoin.
The disclosure gives a snapshot of the company’s financing activity and balance sheet position at the latest reporting date, while showing no change in its Bitcoin treasury over the period.
Strategy said that as of July 12, it had raised net proceeds of $466.7 million through its MSTR common stock at-the-market program, bringing its U.S. dollar reserves to $3 billion.
According to the company’s 8-K filing and a disclosure from Michael Saylor, Strategy did not purchase any Bitcoin during the same period. Its Bitcoin holdings remained at 843,775 BTC.
Bitcoin holdings unchanged
The company said its cumulative Bitcoin acquisition cost was about $63.69 billion, with an average purchase price of about $75,476 per BTC.
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