MSTR Stock Surges 3% as Strategy Raises $333.7 Million through Share Sales

Strategy (MSTR) stock rose 3% on Monday as the company continued to raise cash through share sales. The Bitcoin-focused firm, led by Michael Saylor, kept its Bitcoin holdings unchanged over the past week.

The company sold 3.46 million shares of MSTR common stock between Aug. 10 and Aug. 16, generating about $333.7 million in net proceeds. This latest sale comes as Strategy continues to use equity markets to strengthen its liquidity position while maintaining its long-term Bitcoin treasury strategy.

The company allocated the proceeds from the latest share sale across three areas: funding dividends on its STRC preferred stock, repurchasing STRC shares under its Digital Credit Securities Repurchase Program, and adding to its USD Reserve. The reserve reached approximately $4.8 billion following the latest transaction, providing Strategy with a larger liquidity cushion as it manages its financing obligations.