MarketPR
Strategy, the software-turned-bitcoin-treasury company led by Michael Saylor, has acquired 520 $BTC and expanded its USD Reserve to $1.4 billion.
The purchase was funded through $335.5 million in MSTR share sales — meaning existing equity holders absorbed dilution so the company could convert fresh capital directly into bitcoin.
The Equity-to-Bitcoin Machine The mechanism here is worth spelling out, because it is the actual story. Strategy did not draw down cash reserves or issue debt for this round.
It sold $335.5 million worth of its own stock and used the proceeds to buy 520 $BTC.
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