Strategy raises $2 billion through MSTR sales and creates new USD Cash pool

Strategy said it sold 18.26 million MSTR shares and raised $2 billion, according to CoinDesk's report on August 24, 2026. The proceeds increased the company's USD Reserve to $5.1 billion. The company also repurchased another $136.4 million of STRC as part of the capital-management activity.

The transaction directly affects MSTR shareholders through the new share issuance and gives Strategy a larger cash pool for its broader treasury and financing operations. The STRC repurchase links the move to the company's preferred-security capital structure, while the reserve provides additional liquidity alongside its Bitcoin-related strategy.

The next read-through is how the USD Reserve is deployed, whether additional MSTR issuance follows, and whether the repurchases materially change the preferred-security burden. The existing operating data show FY 2025 revenue of $477.2M, up 3.0% YoY, with a -806.3% net margin and $-15.23 diluted EPS; those figures remain an important backdrop to the financing story.