Strategy splits $603 million share sale between Bitcoin purchases and STRC support

Here is the latest from the digital-asset markets: Strategy raised $602. 8 million by selling 4,531,421 MSTR common shares in one week, then split the proceeds among a renewed Bitcoin purchase, support for its STRC preferred stock, and additional cash. 31 filing attributed $369.

7 million to buying Bitcoin, $151. 8 million to repurchasing 1,557,177 STRC shares, $50. 7 million to STRC dividends, and $30 million to its USD Cash account.

Market Dynamics

STRC is variable-rate cumulative perpetual preferred stock. The transaction shows Strategy using new common-stock proceeds for both Bitcoin accumulation and preferred-stock support. The four disclosed uses total $602.

6 million below the filing's rounded $602. 8 million net-proceeds figure. The filing reports each amount to one decimal place but does not separately reconcile the difference.

Infographic showing Strategy’s $602. 8 million of MSTR proceeds split among Bitcoin purchases, STRC repurchases, STRC dividends, and additional USD Cash. Bitcoin remained the largest destination Strategy bought 4,603 BTC from Aug.

Market Impact

30 at an average price of $80,318, inclusive of fees and expenses. The purchase lifted its holdings from 840,447 BTC to 845,050 BTC, according to the filing and its official Bitcoin ledger. The company reported an aggregate purchase cost of $63.

73 billion and an average cost of $75,412 per BTC for the full position. 24 filing, Strategy reported no Bitcoin purchases or sales during the prior weekly period. 31 filing then reported the 4,603 BTC purchase, while the remaining proceeds funded other parts of the balance sheet.

Related Reading Strategy raised $334 million from MSTR shareholders last week — Bitcoin got none of it Strategy sold no preferred shares through its at-the-market programs during the latest period. It instead used $202. 5 million of the MSTR proceeds for STRC repurchases and dividends.

This shift continues to shape the digital-asset landscape, with analysts examining its near-term effects.