Strategy Boosts USD Reserve to Record $3.75B Amid BTC Holdings Stability

Strategy has successfully raised its USD reserve to an all-time high of $3.75 billion, a significant increase of $525 million. This boost in cash reserves provides approximately 2.1 years' worth of preferred dividend and debt interest coverage.

The company achieved this milestone through its at-the-market (ATM) equity program, selling 5,429,160 MSTR shares between July 20 and July 26, generating $544.5 million in net proceeds.

Strategy's Bitcoin holdings remain unchanged, with the company holding onto 843,775 BTC. The focus has shifted towards maintaining existing cash in BTC, rather than expanding its holdings, and prioritizing financial flexibility through dividend policy and discounted preferred shares.