Last week, Strategy divested 3.46 million shares of MSTR for $333.7 million, yet did not engage in any Bitcoin transactions. The firm allocated $149.1 million from this sale to boost its cash reserves to $4.8 billion. Additionally, they spent $52.4 million on dividends for STRC and $132.2 million on repurchasing its preferred shares.
Currently, Strategy holds 840,447 BTC on its balance sheet. The average acquisition cost for this digital asset stands at $75,385, resulting in a significant paper loss of $10 billion for the company regarding its Bitcoin reserves.
