Strategy skips Bitcoin purchase after raising $333.7M from MSTR sales 
Strategy has raised $333.7 million through common stock sales without buying or selling Bitcoin last week, leaving its holdings unchanged at 840,447 BTC. The company used $52.4 million of the proceeds to fund twice-monthly dividends on its Variable Rate Series A Perpetual Stretch Preferred Stock, or STRC. Another $132.2 million went toward STRC repurchases, while $149.1 million was added to its U.S. dollar reserve.
Strategy reported no Bitcoin purchases or sales during the seven-day period, a week after it sold Bitcoin to help finance another round of STRC repurchases.During the latest reporting period, Strategy repurchased about 1.39 million STRC shares for $132.2 million under its Digital Credit Securities Repurchase Program. The company made no repurchases of its STRF, STRK or STRD preferred securities and did not buy back any MSTR common stock.
Following the STRC purchases, Strategy had about $653 million remaining under its $1 billion preferred securities repurchase authorization. Another $1 billion remained available under its separate common stock repurchase program. The same framework allowed the company to sell up to $1.25 billion of Bitcoin to fund its U.S. dollar reserve, preferred dividends, interest payments and security repurchases. The authorization did not represent a completed Bitcoin sale and gave Strategy the option to use its BTC holdings as a source of liquidity when required.
