Story
Strategy Sells $467 Million in Stock, Pauses Bitcoin Purchases
Summary
The enterprise software company generated $466.7 million in net proceeds from selling Class A common stock but did not add to its substantial bitcoin holdings, according to a recent press release.
Strategy sold $466.7 million of its Class A common stock in early July but did not acquire any additional bitcoin, a notable pause in its long-standing corporate strategy of accumulating the cryptocurrency.
According to a company press release issued July 13, 2026, the sales occurred between July 6 and July 12, with the firm selling 4,818,781 shares of its Class A stock (MSTR). The transactions were executed under the company's at-the-market (ATM) offering program.
Bitcoin Holdings Unchanged
In a deviation from its typical practice following capital raises, Strategy made no bitcoin purchases during the specified period. The company's significant digital asset treasury remained static.
As of July 12, 2026, the firm's holdings stood at 843,775 bitcoin. These assets were acquired at an aggregate purchase price of $63.69 billion, which translates to an average purchase price of $75,476 per bitcoin, inclusive of fees and expenses.
AdCorporate Treasury and Outlook
Strategy reported that its U.S. dollar reserves were $3.0 billion as of July 12, a figure that includes proceeds from the recent share sales that have not yet settled. These funds are intended to support dividend payments on preferred stock and service interest on outstanding debt. The company also confirmed it made no share repurchases during the period.
Following the sale, Strategy retains significant capacity to raise further capital. The remaining capacity under its MSTR stock ATM program is $23.79 billion. The company had previously announced a $21.0 billion increase to this offering on March 23, 2026.