Strategy Holds Bitcoin Steady After Raising $333.7 Million in Stock Sales

According to a Form 8-K filing with the U.S. Securities and Exchange Commission, the company sold 3.46 million MSTR shares via its at-the-market offering program. Rather than deploying capital into digital assets, management directed $132.2 million toward repurchasing STRC shares and $52.4 million to fund dividends on its Variable Rate Series A Perpetual Stretch Preferred Stock. The remaining $149.1 million was added to the company’s dollar reserve, which has now reached $4.80 billion.

This week of inactivity in the crypto market follows a period of significant selling. Between late July and August 9, Strategy offloaded over 3,300 BTC to finance similar repurchases and dividends. The current strategy reflects a shift in priority toward stabilizing the STRC preferred security, which has consistently traded below its $100 par value. While the board retains the authority to sell Bitcoin to support its liquidity needs, the company still holds significant capacity for further capital raises, with $21.70 billion available under its current MSTR issuance authorization.