Strategy recently sold 3.46 million shares of MSTR for $333.7 million, while choosing not to sell any of its Bitcoin. The company has redirected $149.1 million from this stock sale to increase its cash reserves to $4.8 billion. Furthermore, it allocated $52.4 million for dividends related to STRC and invested $132.2 million in repurchasing preferred shares.
At present, Strategy retains 840,447 BTC, with an average purchase price of $75,385 per Bitcoin. This has led to a substantial unrealized loss of $10 billion on its Bitcoin holdings.
