Strategy Boosts USD Treasury, Pauses BTC Sales

Strategy, a Bitcoin-focused treasury firm, has added $150 million to its USD Reserve after raising $333.7 million through common stock sales.

The company sold 3.458 million shares of its Class A common stock (MSTR) last week, generating the net proceeds. The funds were allocated across several financial obligations and cash reserves.

Strategy used $52.4 million to fund dividends on its STRC preferred stock and repurchased $132.2 million worth of STRC shares under its Digital Credit Securities Repurchase Program.

The remaining $149.1 million was added to the USD Reserve, pushing its value to $4.8 billion. Strategy's Bitcoin holdings remain unchanged at 840,447 BTC after pausing sales.