Strategy Raises About $2B From $MSTR Sale, Lifts Cash Reserves and Buys Back $STRC

Strategy raised roughly $2 billion last week by selling shares of $MSTR. The company said the proceeds increased its USD Reserve to $5.10 billion, added another $1.59 billion in USD cash, and funded $136 million in repurchases of $STRC. No Bitcoin was bought or sold during the period. As of August 23, Strategy holds about 4% of total Bitcoin supply with approximately 0% net leverage.