Strategy sold about 4.82 million shares of MSTR through its at-the-market, or ATM, program in the week ended July 12, according to an SEC filing cited by ChainCatcher. The company said the sales generated about $466.7 million in net proceeds.
Over the same period, Strategy did not buy any Bitcoin. Its holdings stayed unchanged at 843,775 BTC. Based on an average purchase price of $75,476, the company’s total cost basis for those holdings was about $63.69 billion.
The filing also showed that Strategy did not repurchase any shares between July 6 and July 12. As of July 12, the company reported cash reserves of about $3 billion. The disclosure outlines the company’s equity issuance activity, Bitcoin position, buyback status, and cash balance for the latest reported week.
Strategy sold about 4.82 million shares of MSTR through its at-the-market, or ATM, program in the week ended July 12, according to an SEC filing cited by ChainCatcher. The company raised about $466.7 million in net proceeds.
Strategy did not purchase any Bitcoin during the same period. Its holdings remained unchanged at 843,775 BTC. Based on an average purchase price of $75,476, the total cost basis of those holdings was about $63.69 billion.
The company also disclosed that it did not repurchase any shares from July 6 to July 12. As of July 12, Strategy held about $3 billion in cash reserves.
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