Strategy Sells $748M In Stock But Buys Zero BTC—Bad News For MSTR? - Strategy (NASDAQ:MSTR)

Saylor’s Strategy Raises Cash Reserve, Pauses Bitcoin Purchases

Michael Saylor’s Strategy Inc. bolstered its cash reserve to $2.19 billion and paused purchases of Bitcoin over the past week as the largest digital asset treasury company appears to be settling in for a long crypto winter.

Strategy Sells $748M In Stock But Buys Zero BTC—Bad News For MSTR? - Strategy (NASDAQ:MSTR)

Strategy Inc. (NASDAQ:MSTR) sold $747.8 million in stock but bought zero Bitcoin

Strategy (MSTR) Stock: Raises $748M in Cash While Pausing Bitcoin Purchases

TLDR Strategy sold 4.5 million common shares last week for $748 million in net proceeds Company’s cash reserves now total $2.19 billion, enough to cover 32 months of obligations Bitcoin purchases paused as company rebalances assets during crypto downturn Strategy holds 671,268 Bitcoin worth over $59 billion at current prices TD Cowen maintains buy rating with $500 price target despite stock trading around $165 Strategy sold 4.5 million shares o…

Strategy increases USD reserve fund to $2.19B - Enough to clear ‘insolvency FUD?'

Michael Saylor may just have ruled out selling Strategy's Bitcoin holdings, based on the scaling of the U.S. Dollar Reserve. In fact, Strategy …

Strategy boosts USD reserve with $748M stock sale, skips Bitcoin purchases

Strategy generated $747.8M from a common stock sale, made no Bitcoin purchases during the week and reported holdings of 671,268 BTC.

Strategy Skips Bitcoin Purchase But Adds $748M In Cash Reserve

Strategy skipped its usual Bitcoin purchases last week in favor of reinforcing its cash reserves. The Bitcoin development company raised $748 million via common stock offerings, bringing its total USD reserve to $2.19 billion. Strategy (formerly MicroStrategy) has diverged from the trend, skipping its Bitcoin (BTC) purchase last week. This came despite its executive chairman, Michael Saylor, hinting at another acquisition announcement earlier. S…