Strategy Adds $525M to Cash Reserve, Passes on Bitcoin Buy Again

Bitcoin treasury firm Strategy has added $525 million to its USD Reserve, lifting it to $3.75 billion and covering 2.1 years of preferred dividends and debt interest.

The company sold 5,429,160 shares of MSTR common stock through its at-the-market program between July 20 and July 26, generating $544.5 million in net proceeds.

Strategy's Bitcoin holdings remain unchanged at 843,775 BTC, which it purchased for $35 million on June 22.

The firm has increased its USD Reserve by $525 million, achieving 2.1 years of dividend coverage. It owes $1.76 billion in preferred dividends and debt interest each year.