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Strategy boosted its cash position by raising nearly $467 million through at-the-market sales of Class A common stock in the week ended July 12, according to a new SEC filing.
The company sold 4.8 million shares while refraining from issuing preferred stock under its other ATM facilities.
The company also reported no Bitcoin purchases or sales during the period, leaving its treasury unchanged at 843,775 Bitcoin.
Strategy said its US dollar reserve reached $3 billion, supported in part by proceeds from ATM sales that remained unsettled at the end of the reporting period.
This is a developing story.
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