Wu Blockchain (@WuBlockchain): Strategy Sells $544.5M in MSTR Shares, Makes No Bitcoin Purchases
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Strategy Sells $544.5M in MSTR Shares, Makes No Bitcoin Purchases Strategy said it sold 5.43 million MSTR shares for $544.5 million in net proceeds between July 20 and July 26, while repurchasing 288,930 STRC preferred shares for $25 million. The company made no bitcoin purchases during the week and continues to hold 843,775 BTC, acquired for $63.69 billion at an average price of $75,476. Its U.S. dollar reserve increased to $3.75 billion.