Strategy Adds $525M to Cover Dividends Into 2028

Strategy sold $544.5 million of common stock and added $525 million to the cash reserve it uses to pay preferred dividends and debt interest.

Strategy, the world’s largest corporate Bitcoin holder, added another $525 million to the dollar reserve it uses to pay preferred-stock dividends and interest on its debt.

The company sold about 5.4 million MSTR shares between July 20 and July 26, raising $544.5 million after commissions, according to a Monday filing with the U.S. Securities and Exchange Commission.

Read also: Strategy’s Bitcoin Buying Freeze Hits Four Weeks as Cash Pile Grows Its dollar reserve rose from $3.2 billion to $3.7 billion during the week. Strategy also spent $25 million repurchasing about 289,000 shares of STRC, its variable-rate preferred stock.