Strategy raised $263.5 million through MSTR stock sales while reporting no bitcoin purchases, lifting its U.S. dollar reserve to $3.225 billion as its buying pause stretched into another week.
Key Takeaways
Strategy sold 2.73 million MSTR shares, generating $263.5 million while making no bitcoin purchase during the week. Bitcoin holdings remained at 843,775 BTC, with Strategy’s last disclosed acquisition occurring on June 22.Strategy’s dollar reserve reached $3.225 billion, strengthening liquidity for preferred dividends and interest on outstanding debt.A growing cash reserve became the most notable development in Strategy Inc. (Nasdaq: MSTR)’s latest filing with the U.S. Securities and Exchange Commission (SEC), even as the company continued raising capital through its at-the-market equity program. The filing stated:
“As of July 19, 2026, the balance of the USD Reserve is $3.225 billion. This amount includes expected cash proceeds from shares sold under Strategy’s ATM that had not yet settled as of such date.”
According to the filing, the reserve is intended to support dividends on Strategy’s preferred stock and interest payments on outstanding indebtedness. During the July 13-19 reporting period, the company sold 2,732,318 MSTR shares, generating approximately $263.5 million in net proceeds. It also reported no preferred-stock sales and no activity under its share-repurchase programs.
Why Did Another Week Pass Without a Bitcoin Purchase?Referring to the July 13-19 reporting period, Strategy stated in the SEC filing:
What Comes Next for Strategy’s Treasury?
