Strategy sells 3.46M MSTR shares for $334M, now holds 840,447 Bitcoin

Strategy Inc. maintained its Bitcoin holdings at 840,447 BTC through August 16, halting BTC sales. The company raised $334 million by selling 3.46 million MSTR shares, increasing its U.S. dollar reserve to $4.8 billion. These funds from common-stock sales were utilized to expand the cash reserve, facilitate STRC repurchases, and cover preferred-stock dividends. The firm's significant Bitcoin treasury continues to influence market supply dynamics and highlights risks associated with the asset's long-term value.