Strategy Pads Cash Reserve By $225M With MSTR Sale, Bitcoin Stash Remains Untouched
In brief Strategy sold 2,732,318 MSTR shares for $263.5 million in net proceeds between July 13–19, lifting its USD Reserve to $3.225 billion without touching its Bitcoin stash. For the second consecutive week, the firm...
Bitcoin 1 Minute
Here is the latest from the digital-asset markets: In brief Strategy sold 2,732,318 MSTR shares for $263. 5 million in net proceeds between July 13–19, lifting its USD Reserve to $3.
225 billion without touching its Bitcoin stash. For the second consecutive week, the firm chose stock sales over Bitcoin sales—bringing its total cash accumulation to $675 million in two weeks via its at-the-market equity program.
Peter Schiff argued the move needlessly harms common shareholders, suggesting Strategy may fear Bitcoin demand can't absorb a large sale without crashing the price.
This shift continues to shape the digital-asset landscape, with analysts examining its near-term effects.
