Strategy Raises $2 Billion via MSTR Stock Sales, Creates $1.59 Billion USD Cash Pool While Pausing Bitcoin Purchases

Strategy raised approximately $2 billion last week by selling 18.26 million shares of its common stock, directing most of the proceeds into a newly created $1.59 billion USD Cash pool while adding $300 million to its existing USD Reserve, which now stands at $5.1 billion, bringing its total cash reserves to roughly $6.69 billion. The company made no Bitcoin purchases or sales during the period, leaving its holdings unchanged at 840,447 BTC, a position representing approximately 4% of the total 21 million bitcoin supply cap and worth around $66 billion. Strategy also used $136.4 million of the proceeds to repurchase 1.43 million shares of its variable-rate preferred stock, STRC, while leaving its MSTR share repurchase authorization untouched.

The new USD Cash pool is explicitly designated for flexible deployment, including potential Bitcoin acquisitions, share repurchases, or debt management. The Bitcoin pause is notable: the company has not added to its holdings since June. The moves come as Bitcoin surged past $79,000 on Monday, August 24, with analysts citing Treasury bond buybacks, $1.9 billion in ETF inflows, and short covering as drivers, and MSTR shares were up approximately 2.4% in premarket trading on the news.