Strategy Unloads $334M in MSTR Shares, Bolsters Reserves

Michael Saylor's Strategy sold off $333.7 million worth of MSTR shares through its ATM program, boosting its USD reserves by a substantial $150 million.

The company repurchased STRC shares to the tune of $132.2 million and funded STRC dividends amounting to $52.4 million using the proceeds from the sale.

Despite this significant stock sale, Strategy's Bitcoin holdings remained unchanged at 840,447 BTC, acquired for a total cost of $63.36 billion at an average price of $75,385 per BTC.

Institutional investors continued to increase their exposure to MSTR shares, with Morgan Stanley adding 44,440 shares worth approximately $4.2 million to its holdings.