Strategy Skips Bitcoin Buy Again, Raises Cash by Selling MSTR Shares
Strategy sold MSTR shares for $333.7 million while holding its Bitcoin position unchanged.
Strategy, the business intelligence firm formerly known as MicroStrategy, reported no Bitcoin purchases or sales for another consecutive week. Instead, the company raised cash by selling its own MSTR shares.
According to a filing, Strategy generated approximately $333.7 million from the sale of MSTR shares last week. The proceeds appear to have been added to the company's cash reserves rather than used to acquire additional Bitcoin.
Key facts
- No Bitcoin was bought or sold during the week.
- MSTR share sales brought in about $333.7 million.
- The company is building up its cash position instead of expanding its Bitcoin holdings.
The move continues a recent pattern where Strategy has periodically sold equity to bolster liquidity while pausing new Bitcoin acquisitions. The firm remains one of the largest publicly traded holders of Bitcoin, with its strategy closely watched by investors.