Strat Sells 5.4 Million MSTR Shares to Secure Cash…Opting for STRC Instead of Bitcoin

Strat has secured $525 million in cash by not purchasing Bitcoin for five consecutive weeks, allocating proceeds to cash reserves and STRC preferred share purchases. This marks the longest pause in Bitcoin buying since 2022, with cash reserves now at $375 million—enough to cover 2.1 years of preferred dividend and debt interest payments. Between July 20-26, the company sold 5.4 million MSTR shares while maintaining its 843,775 BTC Bitcoin holdings. The $25 million investment in STRC preferred shares represents the first execution under the $1 billion approval by the board, following the stock's decline below $100 in mid-May and a recent low in early July.