Strategy Sells $467M in MSTR Stock Last Week but Maintains 843,775 BTC Holdings

MSTR-2.62%
BTC-0.09%
According to The Block, Strategy sold nearly $467 million in MSTR common stock last week but did not increase its Bitcoin holdings, keeping its BTC position unchanged at 843,775 coins. The company's dollar reserves rose to $3 billion, up approximately 18% in a week, signaling execution of its recently announced capital allocation framework. Analysts at TD Cowen and Benchmark maintained buy ratings, viewing the move as evidence of disciplined balance sheet management while building dividend reserves. The stock price is near recent lows around $91.50.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments