Strategy raises US$467m from share sale as Bitcoin holdings unchanged
13th July 2026 – (New York) Bitcoin treasury firm Strategy has raised nearly $467 million after offloading millions of its own shares, while leaving its cryptocurrency holdings untouched. In a Form 8‑K filing. . .
13th July 2026 – (New York) Bitcoin treasury firm Strategy has raised nearly $467 million after offloading millions of its own shares, while leaving its cryptocurrency holdings untouched. In a Form 8‑K filing submitted to the U. S. Securities and Exchange Commission on Monday, the company disclosed that it sold 4,818,781 MSTR shares between 6th July and 12th July, generating gross proceeds of approximately $466. 7 million. The firm confirmed it did not buy or sell any bitcoin during the same period. The share sale increased Strategy’s U. S. dollar reserves by around $450 million, bringing total cash holdings to roughly $3 billion as of 12 July. The company continues to hold 843,775 bitcoin, valued at about $53 billion at current market prices. The coins were acquired at an average cost of $75,476 each, representing a total outlay of approximately $63. 7 billion including fees. Based on bitcoin trading near $63,000 following the filing, the position reflects an unrealised loss of roughly $10. 7 billion. The holding accounts for about 4 per cent of bitcoin’s fixed 21 million supply. Market reaction was muted. Bitcoin prices were largely unchanged after the disclosure, while Strategy shares slipped 2. 6 per cent in pre‑market trading. Over the past week, the stock has fallen 6. 5 per cent to close at $94. 64 on Friday, even as bitcoin gained 1. 7 per cent. Speculation around the company’s strategy intensified after co‑founder and executive chairman Michael Saylor posted a bitcoin tracker chart on X on Sunday, accompanied by the caption: “Orange dots tell only part of the story. ” Similar Sunday posts have previously preceded acquisition announcements, though recent messages have become less explicit as the firm’s tactics have evolved. On 5th July, a social media post from Saylor was followed by the sale of 3,588 bitcoin worth $216 million — the largest disposal in the company’s history. Gabe Selby, Head of Research at CF Benchmarks, said Strategy’s short‑term financial stability did not appear to be at risk, but cautioned that sustained disposals could alter the outlook. He noted that concern would arise if bitcoin sales shifted from being optional to becoming a structural necessity to support the company’s capital framework. Meanwhile, Standard Chartered reiterated its forecast that bitcoin could reach $100,000 by the end of 2026, describing the recent market reaction as a communications issue rather than a question of solvency.