Strategy Raises $181M, Buys $101M Bitcoin; Dividend Payouts Become Semi-Monthly
STRC•Strategy acquired 1,550 Bitcoin for $101 million at a $65.3k average last week, funded by a $181 million Class A share sale program. Cash reserves rose to $1 billion and shareholders approved shifting STRC dividends to semi-monthly payouts, driving a 3.6% stock gain.
1. Bitcoin Acquisition
Strategy acquired 1,550 Bitcoin for $101 million last week at a $65,300 average per coin, marking a return to its typical accumulation strategy after a brief sale earlier this year.
2. Share Sale Program and Cash Reserves
The company generated $181 million through Class A common stock sales between June 1 and June 7, deploying $101 million into Bitcoin and bolstering cash reserves back to $1 billion to strengthen its liquidity position.
3. Semi-Monthly Dividend Shift
STRC shareholders approved moving dividend payouts to a semi-monthly schedule on the 15th and month-end, aiming to prevent share price distortions and smooth trading flows, which coincided with a 3.6% stock price increase to $96.80.
