Bullish
Strategy Inc. (MSTR) shares surge above $100 as cash reserves hit $3.225B
In the past 24 hours, Strategy Inc. (formerly MicroStrategy) has seen its stock price rise above $100, driven by a significant increase in cash reserves to $3.225 billion. This financial strength comes after the company raised $263.5 million through equity sales, while maintaining its substantial Bitcoin holdings. The move reflects a strategic shift towards bolstering liquidity and financial stability.
Key points
- Shares of MSTR climbed over 7% intraday, reclaiming the $100 level, following the announcement of increased cash reserves.
- The company reported raising $263.5 million through equity sales, enhancing its cash position without altering its Bitcoin holdings.
- The cash reserves now stand at $3.225 billion, providing approximately 22 months of coverage for annual obligations.
- The company has paused Bitcoin purchases, focusing on strengthening its cash position.
Sources
- MSTR Reclaims $100 as Strategy Builds $3.225B Cash Fortress and Halts Bitcoin PurchasesThe Crypto Times · July 21, 2026
- Strategy Announces Legal Name Change from MicroStrategy Incorporated to Strategy IncNasdaq · August 14, 2025
- Strategy Announces Closing of $2.521 Billion STRC Stock Initial Public OfferingNasdaq · July 29, 2025
- MicroStrategy Stock (MSTR) Buys 34,164 BTC for $2.54B — Overtakes BlackRock IBITTECHi · April 20, 2026
AI-generated from public news sources. Not financial advice.
