Saylor's Strategy pockets $467M in cash, gives Bitcoin the silent treatment

Strategy (MSTR) raised $466.7 million in cash during the week through its at-the-market equity program, pushing the company's U.S. dollar reserve to $3 billion, according to a Monday regulatory filing. The reserve is earmarked for dividend payments on preferred stock and interest on outstanding debt.

The firm, led by Michael Saylor, made no bitcoin purchases or sales during the period, leaving its holdings unchanged at 843,775 BTC. Those coins were acquired for an aggregate purchase price of approximately $63.69 billion, including fees and expenses, at an average price of $75,476 per bitcoin, according to the filing.

MSTR shares were down 3% in pre-market trading on Monday as $BTC slipped over the weekend to $62,800.