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Strategy raised net proceeds of $283.8 million from selling MSTR shares, increasing its additional cash to $146.2 million

2026-11-09 13:36:54
Shareshare
Odaily Planet Daily News: Strategy sold 2,051,348 shares of MSTR this week, raising a net $283.8 million to fund bitcoin purchases and STRC preferred stock repurchases, with $13.6 million credited to its U.S. dollar cash account. As of November 8, its additional U.S. dollar cash increased to $146.2 million. After paying $21.1 million in preferred stock dividends this week, its U.S. dollar reserves stood at $4.77 billion. The company still has approximately $560.3 million remaining under its preferred stock repurchase program and $1 billion remaining under its MSTR stock repurchase program. (Decrypt)
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