Corporate disclosures indicate that Strategy sold the MSTR general share between 13 and 19 July through a market-based distribution plan, raising some $263.5 billion net. The funds were entered into the United States dollar reserve account to cover the priority share dividends and obligations, and the company did not sell bitcoin during the same period.

Two-week cumulative increase $675 million

As at 19 July, Strategy ' s dollar reserves had risen to US$ 3,225 million. This is the second consecutive week in which the company has opted for a cash replenishment. In the previous week, Strategy had also raised approximately $466.7 million through the issuance of a general share.

Market-priced distribution schemes allow companies to sell new shares in groups on the open market without the need for a separate arrangement for traditional underwriting. For Strategy, this tool is becoming one of the main channels for complementing mobility.

  • General Unit sold this week
  • Net fund-raising this week is about $263.5 billion
  • Two weeks of accumulated additional reserves of approximately $675 million

843,775 BTC unchanged

Michael Saylor subsequently confirmed on social platforms that the company ' s dollar reserves had increased by $225 million. As of 19 July, Strategy still held 843,775 BTCs, or approximately 4 per cent of the fixed total of Bitcoin.

According to the data quoted in the report, Strategy has rarely reduced its bitcoin hold since 2020. The most recent reduction occurred between the end of June and the beginning of July, when the company sold 3,588 BTCs, with an estimated $216 million.

Funds prioritized to cover dividends and liabilities

The company disclosed that the United States dollar reserve accounts were used mainly for priority share dividends and debt payments. Investors holding priority securities, such as STRC, STRK, STRF, STRD, received a higher yield than ordinary shareholders.

This arrangement also triggered market discussions. It was mentioned that Peter Schiff criticized the company for safeguarding the interests of preferred equity investors by diluting the interests of ordinary shareholders without selling bitcoin. At the same time, the market is also concerned as to whether a further sale of bitcoin by Strategy would put pressure on price succession.

Additional information:According to reports, the average purchase price of 843,775 BTCs held by Strategy was approximately US$ 75,476 per item. The changes in their round reserves have been closely followed by the market, as the financing and currency purchases of companies are often seen as important signals of the needs of observers.