Strategy Equity Raise Funds BTC, STRC Obligations and Cash
Aug. 31 filing details $602.8 million MSTR share sale split among Bitcoin purchases, preferred-stock support, and USD Cash reserves.
What is new
The Aug. 31 filing shows the full breakdown of the $602.8 million raise completed in one week.
Allocation breakdown
Strategy raised $602.8 million by selling 4,531,421 MSTR common shares.
The filing allocates $369.7 million to 4,603 BTC purchased Aug. 24-30 at an average $80,318, $151.8 million to repurchase 1,557,177 STRC shares, $50.7 million to STRC dividends, and $30 million to USD Cash.
Updated holdings
Total holdings now stand at 845,050 BTC acquired at an average cost of $75,412 per coin.
Remaining capacity
$364.8 million remains available under the preferred-stock repurchase program.
Unresolved items
The four disclosed uses total $602.2 million. The filing does not reconcile the $0.6 million difference with reported net proceeds.
No schedule has been disclosed for allocation of remaining ATM capacity or the new USD Cash balance.