Strategy Boosts Cash Reserves: MSTR Sales and Bitcoin Holdings Unchanged
According to a filing with the U.S. Securities and Exchange Commission (SEC), Strategy sold approximately $466.7 million worth of MSTR shares in the past week, raising the company's total cash reserves to $3 billion. The firm maintained its Bitcoin holdings of 843,775 BTC without any changes during the same period. Since 2020, Strategy has spent a total of $63.7 billion on Bitcoin purchases, with its current portfolio valued at approximately $53 billion. At current prices, the company is estimated to have an unrealized loss of $10 billion. In recent months, Strategy has prioritized building cash reserves under its Digital Credit Capital Plan, aiming to maintain sufficient funds to cover at least 12 months of dividend obligations. These share sales have enhanced liquidity while safeguarding financial flexibility against potential market volatility. Although the timing of renewed Bitcoin purchases remains uncertain, the strategic cash accumulation is viewed as a hedge against external pressures.
Caner Yılmaz's Note: Strategy's cash accumulation strategy is forming a critical liquidity pool within Fibonacci correction levels, while short-term consolidation in Ichimoku clouds signals a protective corridor against Bitcoin volatility. Moving average breakout points (e.g., 50-day and 200-day MA) suggest new buying opportunities are unlikely in the near term. However, the unrealized loss in the portfolio could create long-term valuation pressure.