MicroStrategy Sells $466.7M in MSTR Stock, Pauses Bitcoin Purchases in Latest Week

MSTR-2.62%
BTC-3.11%
According to an SEC filing, MicroStrategy sold 4.82 million MSTR shares between July 6 and July 12, generating net proceeds of $466.7 million, but did not purchase any Bitcoin during the week. The company maintained its Bitcoin holdings at 843,775 BTC and increased its USD reserves to $3.0 billion, with an additional $450 million added to reserves during the period, according to founder Michael Saylor.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments