- Strategy raised $466.7M through MSTR sales, increasing its USD reserve to $3B.
- The company kept its Bitcoin holdings unchanged at 843,775 BTC during the week.
- Saylor confirmed the reserve boost as Strategy focuses on liquidity management.
Strategy has sold $466.7 million worth of MSTR shares while keeping its Bitcoin holdings unchanged, as the company increased its U.S. dollar reserve to $3 billion. The move shows Strategy’s focus on strengthening liquidity while maintaining its long-term Bitcoin exposure.
Strategy Raises $467M Through MSTR Share Sales
Strategy increased its cash reserve after selling 4,818,781 shares of its Class A common stock between July 6 and July 12, 2026. According to a Form 8-K filing submitted to the U.S. Securities and Exchange Commission (SEC), the company generated $466.7 million in net proceeds through its at-the-market (ATM) program.
The proceeds helped increase Strategy’s U.S. dollar reserve by $450 million, bringing the total balance to $3 billion as of July 12. The reported figure includes expected cash from ATM sales that had not fully settled during the reporting period.
Executive Chairman Michael Saylor confirmed the reserve increase through a social media update on X. “Strategy has increased its USD Reserve by $450 million,” Saylor wrote. He added, “As of 7/12/2026, we hodl ₿843,775 in our BTC Reserves and $3.0 billion in our USD Reserves.”
Strategy has increased its USD Reserve by $450 million. As of 7/12/2026, we hodl ₿843,775 in our BTC Reserves and $3.0 billion in our USD Reserves. $MSTR $STRC https://t.co/OdFbjLuCTP
— Michael Saylor (@saylor) July 13, 2026
The company stated that the reserve is designed to support dividend payments for its preferred stock classes and cover interest obligations linked to its outstanding debt.
Bitcoin Holdings Remain Stable as Company Builds Reserves
Strategy did not purchase or sell Bitcoin during the week, according to the SEC filing. The company maintained its holdings at 843,775 BTC, with an aggregate acquisition cost of approximately $63.69 billion.
The company’s average Bitcoin purchase price remained at $75,476 per coin, including fees and related expenses. Therefore, Strategy continues holding a significant Bitcoin position despite changing its short-term capital allocation approach.
The update followed another Bitcoin tracker post on X, from Saylor, where he wrote, “Orange dots tell only part of the story.” Historically, similar posts have attracted attention because they sometimes preceded new Bitcoin acquisition announcements.
However, the latest update did not result in additional Bitcoin purchases. Instead, Strategy directed capital toward expanding its cash reserves and improving financial flexibility.
Strategy Maintains Capital Flexibility Amid Market Focus
Strategy continues to hold substantial capacity across its ATM programs, allowing the company to raise additional capital when needed. The remaining availability includes billions of dollars across preferred stock offerings and its MSTR share program.
The company’s larger cash reserve provides additional support as it manages multiple preferred stock obligations.
Additionally, the reserve reduces potential pressure to sell Bitcoin to meet dividend or interest payments.
Market participants continue monitoring Strategy’s approach as the company balances Bitcoin accumulation with broader financial responsibilities. While the firm remains the largest corporate Bitcoin holder, its latest move highlights a more measured capital management strategy.
Overall, Strategy has not disclosed plans for additional Bitcoin purchases or further ATM activity. However, the company will continue providing updates through regulatory filings and its investor dashboard.
Be the first to comment