Strategy says MSTR returned 42% annualized since 2020's bitcoin standard pivot, even as its $63.7B BTC treasury sits underwater.

Strategy expanded its US dollar reserve to $3.75 billion after raising $544.5 million through MSTR stock sales and repurchasing $25 million of STRC shares.

Strategy skips Bitcoin purchases for a fifth week, raises its cash reserve to $3.75B and buys back $25M of STRC shares.