MSTR · Strategy Inc.

Strategy Inc MSTR

Sells business analytics software while holding bitcoin as a corporate treasury reserve asset.

Industry
Technology
Listed on
Nasdaq NMS
IPO
1986-09-16
Website
strategy.com

Daily brief

Strategy resumes Bitcoin buying after a 10-week pause

+4.42% to $132.94 from $127.31

What moved MSTR

  • Strategy purchased 4,603 bitcoin for roughly $369.7 million, at an average price of $80,318 per coin, between August 24 and August 30.
  • The purchase ended a 10-week pause in Bitcoin accumulation and followed Executive Chairman Michael Saylor’s “We’re ₿ack” post on X a day earlier.
  • During the pause, the company had instead sold about 3,588 bitcoin in July to help fund dividend obligations and shore up its dollar reserves.
  • The purchase was funded through sales of Strategy’s Class A common stock under its at-the-market offering program, which raised about $602.8 million between August 24 and 30.
  • Following the purchase, Strategy holds 845,050 bitcoin acquired for a total of $63.73 billion.

Sources: Bloomberg · crypto.news · Investing.com

Daily brief

Strategy unveils new liquidity vehicle as bitcoin rally lifts shares

+2.83% to $122.63 from $119.25

What moved MSTR

  • Strategy disclosed a new $1.59 billion liquidity pool called “USD Cash,” part of what it calls its Digital Credit Capital Framework.
  • The company raised about $2.01 billion by selling roughly 18.26 million Class A shares through an at-the-market offering to bolster reserves.
  • Strategy reported holding 840,447 bitcoin as of Aug. 23, with the holdings valued about $2.07 billion above their roughly $63.36 billion acquisition cost.
  • Shares extended a fourth straight day of gains as bitcoin-linked ETFs saw about $1.92 billion of inflows.

Sources: StocksToTrade · The Crypto Basic

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