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Strategy's New MSTR Sale Pushes Its Cash Reserves to $3B

Strategy held its 843,775 BTC steady last week while stacking dollars via MSTR.
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Jul 13, 20261 min read

Michael Saylor's Strategy offloaded 4.8M MSTR shares for roughly $467M last week and put the proceeds toward its war chest, pushing the firm's USD holdings to $3 billion, per a Monday 8-K filing. The company neither bought nor sold any BTC during the stretch.

What's the Scoop?

  • The pivot: Strategy hasn't acquired bitcoin since June 22nd, and its +3,500 BTC sale earlier this month, the firm's largest ever, netted $216M. The immediate priority lately has been liquidity.
  • The runway: This bolstered $3B cushion has the scope to cover nearly two years of preferred dividends and debt interest against ~$1.76B in annualized obligations, per CoinDesk.
  • The stakes: Strategy's BTC holdings remain at 843,775 BTC, around 4% of bitcoin's total supply. STRC still trades around $87 versus its $100 par value, so it's no secret that investors will be looking for extra yield.

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