MSTR Raises Record Capital to Fund Bitcoin Holdings

Strategy, a company that operates as a Bitcoin-focused treasury and securities issuer, has raised $602.8 million in net proceeds between August 24 and August 30 through at-the-market sales of its MSTR stock.

This influx of capital will be directed towards funding STRC dividends, bitcoin purchases, repurchases under the Digital Credit Securities Repurchase Program, and bolstering USD Cash liquidity.

During this period, Strategy purchased 4,603 BTC for $369.7 million, bringing its total holdings to 845,050 BTC acquired at an aggregate purchase price of $63.73 billion.