Strategy Inc. announced it raised $333.7 million in net proceeds from the sale of its Class A common stock (MSTR) under its at-the-market (ATM) offering program for the week ending August 16, 2026. A significant portion of the funds was used to repurchase $132.2 million of its preferred stock. The company also reported no change in its bitcoin holdings.
Key Details
- Capital Raise: Generated $333.7 million in net proceeds by selling 3,458,866 shares of MSTR common stock between August 10 and August 16, 2026.
- Use of Proceeds: Funds were allocated to repurchase preferred stock ($132.2M), pay preferred stock dividends ($52.4M), and increase its USD Reserve ($149.1M).
- Share Repurchase: The company repurchased 1,388,720 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) for $132.2 million.
- Bitcoin Holdings: Holdings remained unchanged at 840,447 BTC, with an aggregate purchase price of $63.36 billion and an average price of $75,385 per bitcoin.