Strategy Sells 4.8 Million Shares for $466.7 Million While Holding Bitcoin Holdings Steady

Strategy sold 4.8 million shares of its Class A common stock for $466.7 million between July 6 and July 12, according to an SEC 8-K filing reported by @zerohedge. The company did not buy or sell any Bitcoin during the period. Strategy held 843,775 BTC at an average purchase price of $75,476 per BTC as of July 12.

Its U.S. dollar reserve reached $3 billion, up from $2.55 billion a week earlier. The firm has $23.8 billion of remaining capacity under its MSTR ATM offering. In the prior week, Strategy sold 3,588 BTC for about $216 million to replenish reserves and fund preferred stock dividends.

Those sales included 1,363 BTC at an average $59,256 between June 29 and June 30, followed by 2,225 BTC at an average $60,773 between July 1 and July 5. A June 29 filing also showed the sale of 12.7 million MSTR shares that generated $1.15 billion in net proceeds.

Strategy shifted to a semi-monthly dividend schedule for its STRC preferred stock, with record dates on the 15th and last day of each month.

The first record date fell on June 30, 2026, and the first payment is due July 15. com. Geoff Kendrick, Standard Chartered’s global head of digital assets research, stated Friday that Strategy’s actions “are muddying the waters for BTC near-term” and that clearer communication of its strategy using BTC to back STRC is needed to reassure markets.

MSTR shares closed at $94.64 on Friday, down more than 70 percent since July 2025 from a 52-week high of $457.22. Strategy is scheduled to report second-quarter earnings on July 30, with analysts expecting $4.28 per share. The company has missed forecasts in six of the last eight quarters.