MSTR Expands Bitcoin Holdings with $246.2 Million Share Offering

Strategy Inc., also known as MSTR, has made significant moves to expand its Bitcoin holdings and manage its capital structure. Between September 21 and 27, 2026, the company issued 1.47 million shares of its Class A common stock through an at-the-market offering program, generating $246.2 million in net proceeds.

The proceeds were allocated towards purchasing 1,665 Bitcoin for approximately $142.7 million, bringing Strategy's aggregate Bitcoin position to 847,666 BTC valued at around $63.95 billion at an average purchase price of about $75,437 per Bitcoin.

In addition to expanding its Bitcoin holdings, MSTR repurchased 1.53 million STRC shares for $151.7 million, funded in part by $48.1 million of USD Cash and paid $22.1 million in preferred dividends from its USD Reserve. The company closed the period with $5.02 billion in USD Reserve and $1.00 billion in USD Cash.