Strategy Raises $334M, Holds Steady on Bitcoin Holdings

Strategy, an investment firm focused on Bitcoin, has completed its latest stock sale program. Between August 10th and 16th, the company raised $334 million through common stock sales.

The funds generated from these sales were used to fund dividend payments, repurchase preferred securities, and add to Strategy's US dollar reserve.

Interestingly, despite raising a significant amount of capital, Strategy did not acquire any additional Bitcoin during this period. Its holdings remain unchanged at 840,447 BTC.

The average purchase price for these coins is $75,385 per unit, with an aggregate value of $63.36 billion, including fees and expenses.