Billionaire Bitcoin advocate Michael Saylor’s company, Strategy Inc., increased its U.S. dollar reserves by $748 million last week, lifting total cash liquidity to $2.19 billion, according to a regulatory filing released today. The update confirms that the company continues to hold 671,268 bitcoin, leaving its total BTC position unchanged during the reporting period from Dec. 15 to Dec. 21. Strategy remains the largest corporate holder of bitcoin, with an aggregate purchase price of roughly $50.33 billion. The increase in cash stems from sales conducted under the company’s at-the-market equity offering program.
During the week, the company sold roughly 4.54 million shares of its Class A common stock, generating $747.8 million in net proceeds after commissions. No preferred stock was issued, despite multiple preferred share classes remaining available for sale. As of Dec. 21, Strategy reported more than $41 billion in remaining capacity across its common and preferred stock ATM programs. The filing shows that the company did not purchase any bitcoin during the period. Its holdings remained steady at 671,268 BTC, acquired at an average price of $74,972 per coin, inclusive of fees and expenses.
The lack of accumulation marks a pause following a large bitcoin purchase earlier in December. The company first disclosed the establishment of a dedicated U.S. dollar reserve on Dec. 1, when the balance stood at $1.44 billion. The reserve is intended to support preferred dividend payments, service debt obligations, and manage short-term volatility. The increase to $2.19 billion strengthens Strategy’s near-term financial flexibility.
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