Strategy halts Bitcoin buys, sells 3.46M MSTR shares to raise $334M

Strategy reported no Bitcoin purchases or sales between August 10 and August 16, keeping holdings at 840,447 BTC, acquired for $63.36 billion at an average price of $75,385. The company sold 3.46 million MSTR shares for $333.7 million in net proceeds, allocating $132.2 million to repurchase 1.39 million STRC shares, $52.4 million for STRC dividends, and $149.1 million to its U.S. dollar reserve, which stood at $4.80 billion as of August 16.

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