Strategy raises $263.5 million through MSTR share sales, reports no Bitcoin purchases

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AI Fusion Summary

Strategy raised $263.5 million by selling over 2.7 million Class A MSTR shares through its at-the-market offering program between July 13 and July 19. The company reported no Bitcoin purchases during this period, reflecting a shift toward cash accumulation. Consequently, Strategy's USD reserve reached a record $3.225 billion. Despite the lack of new acquisitions, the firm maintains a treasury of 843,775 BTC while recording no sales under its preferred stock ATM facilities.
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