Strategy Inc, a US-listed company, disclosed in an 8-K filing with the Securities and Exchange Commission (SEC) that it sold 6,585,682 shares of MSTR common stock through its at-the-market (ATM) offering program between August 3 and August 9, generating net proceeds of approximately $653 million. After the share sale, the company had roughly $22.04 billion in remaining issuance capacity under the ATM program. During the same window, Strategy sold 1,690 bitcoin for about $108.6 million, at an average price of around $64,262 per coin. Those proceeds went toward repurchasing 1,152,020 shares of its STRC preferred stock. As of August 9, the company's bitcoin holdings totaled 840,447 BTC, with cumulative acquisition costs of roughly $63.36 billion, or an average buy price of about $75,385 per bitcoin. The company's dollar reserves stood at approximately $4.65 billion, according to the filing. PANews reported the filing details on August 10.
US-listed company Strategy Inc disclosed in its latest 8-K filing with the Securities and Exchange Commission (SEC) that it sold 6,585,682 shares of MSTR common stock between August 3 and August 9 through its at-the-market (ATM) offering program. The sale generated net proceeds of approximately $653 million, and the company said it still had about $22.04 billion in remaining issuance capacity under the program.
In the same period, Strategy sold 1,690 bitcoin for roughly $108.6 million, at an average price of about $64,262 per coin. Proceeds from the sale were used to repurchase 1,152,020 shares of its STRC preferred stock.
As of August 9, Strategy's bitcoin holdings totaled 840,447 BTC, with cumulative acquisition costs of around $63.36 billion — an average of about $75,385 per bitcoin. Dollar reserves stood at approximately $4.65 billion, according to the filing.
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