Markets· August 17, 2026 at 01:30 p.m.
Strategy Maintains Bitcoin Holdings as It Boosts Cash Reserves
Key takeaways
- Strategy raised $333.7 million U.S. through common stock sales
- Proceeds were used to boost cash reserves and buy back preferred stock
- Strategy's Bitcoin holdings remain unchanged at 840,447 BTC
Strategy, a company known for its cryptocurrency acquisitions, left its Bitcoin holdings unchanged over the past week while raising funds through stock sales to bolster its cash reserves. The company sold $333.7 million U.S. worth of common stock and used the proceeds to buy back $132.2 million U.S. of its variable-rate preferred stock and increase cash reserves by $150 million U.S. Strategy's Bitcoin holdings, acquired for $63.36 billion U.S., remain at 840,447 BTC.
