Saylor's Strategy Raises $333M Selling MSTR Stock While Leaving Bitcoin Stash Untouched

Michael Saylor's Strategy sold approximately 3.5 million shares of MSTR stock through its at-the-market program, generating over $333 million in net proceeds.

The company allocated the proceeds across three areas: around $52.4 million went toward STRC preferred dividends, $132.2 million was used to repurchase STRC shares, and the remaining $149.1 million was added to its USD Reserve.

Strategy's USD Reserve now stands at $4.80 billion, intended to cover preferred dividends and interest on debt. The reserve has increased by roughly $1.5 billion in just three weeks.