MSTR stock nears $90 after Strategy sells $466.7M in shares, raises its cash reserve and skips a Bitcoin purchase.

Strategy's increased cash reserves enhance financial flexibility, potentially influencing future investment strategies and market positioning.

The company raised the fresh cash via sales of common stock; its USD Reserve now stands at $3 billion.

Strategy's total holdings remain at 843,775 BTC and account for around 4% of the 21 million bitcoin supply cap — worth roughly $53 billion.

Strategy (MSTR) raised $467 million through stock sales to boost its cash reserve to $3 billion while leaving its 843,775 BTC holdings unchanged for a second straight week.

MSTR stock nears $90 after Strategy sells $466.7M in shares, raises its cash reserve and skips a Bitcoin purchase.

Strategy sold $466.7 million in MSTR shares, increased its US dollar reserve to $3 billion and reported no changes to its Bitcoin holdings last week.