Strategy added 1,036 $BTC to its treasury between Nov. 2 and Nov. 8, according to its Nov. 9 SEC filing. The company spent about $81.9 million, bringing its holdings to 850,364 BTC as of Nov. 8.
The filing also shows how Strategy funded the purchase. It used $81.9 million in net proceeds from common stock sales for bitcoin, while directing other proceeds toward preferred stock buybacks and cash reserves. That gives investors a clearer view of how the company allocates the money it raises.
Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526452693/mstr-20261109.htm
#Bitcoin #CorporateTreasury #CryptoNews
The filing also shows how Strategy funded the purchase. It used $81.9 million in net proceeds from common stock sales for bitcoin, while directing other proceeds toward preferred stock buybacks and cash reserves. That gives investors a clearer view of how the company allocates the money it raises.
Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526452693/mstr-20261109.htm
#Bitcoin #CorporateTreasury #CryptoNews
