Strategy increased its cash reserves by 748 million dollars.

Strategy Strengthens Cash Reserves

Strategy (MSTR) increased its cash reserves by 747.8 million dollars through recent common stock sales. Thus, the company's total cash reserves exceeded 2.2 billion dollars. This resource is intended to be used for dividend payments on the company's preferred shares.

However, despite the decline in Strategy shares over the past week, there was a %3 increase in pre-markets as Bitcoin rose above 90,000 dollars.