Strategy (MSTR) Stock Jumps 6% After $2.01B Raise and New Bitcoin War Chest Structure

TLDR

• Strategy created a new “USD Cash” liquidity pool within its Digital Credit Capital Framework, separate from its existing USD Reserve.
• The company raised $2.01 billion via ATM stock sales between August 17-23, selling 18.26 million Class A shares.
• Of the proceeds, $300 million went to the USD Reserve and $136.4 million was used to repurchase STRC preferred stock.
• Strategy holds 840,447 bitcoin as of August 23, acquired at an average price of $75,385 per bitcoin, totaling roughly $63.36 billion.
• No bitcoin was bought or sold during the week; MSTR stock was up around 6% on the news.

Strategy has created a new liquidity tool called the “USD Cash” pool as part of its Digital Credit Capital Framework, according to an SEC filing on August 24, 2026.

Strategy Inc, MSTR

The USD Cash pool is a separate reserve of U.S. dollar liquidity that management can use to buy bitcoin, pay preferred stock dividends and debt interest, repurchase stock, or repay convertible notes.

The company said the pool gives management more flexibility to respond to market conditions, including disruptions in bitcoin or securities markets.

The existing USD Reserve policy stays in place and remains earmarked for preferred stock dividends and interest payments.

As of August 23, Strategy reported a USD Reserve balance of $5.10 billion and a USD Cash balance of $1.59 billion. Both figures include cash proceeds from ATM sales that had not yet settled.

$2.01 Billion Raised Through ATM Program

Between August 17 and August 23, Strategy sold 18,261,118 Class A common shares through its at-the-market offering program, generating net proceeds of approximately $2.01 billion.

Of that total, $300 million was added to the USD Reserve, $136.4 million was used to repurchase STRC preferred stock, and the rest went into the new USD Cash account.

No preferred stock was sold during the same period.

MSTR stock was trading up around 6% following the announcement, rising to approximately $119.25 in Monday trading.

Bitcoin Holdings Unchanged

Strategy made no bitcoin purchases or sales during the week ending August 23.

The company’s total bitcoin holdings stand at 840,447 BTC, acquired at an average price of $75,385 per coin. The total acquisition cost is approximately $63.36 billion.

During the same period, Strategy also repurchased 1,431,212 STRC preferred stock units for $136.4 million under its Digital Credit Securities Repurchase Program.

As of the filing date, $516.6 million remained available under that repurchase program.

A separate $1.0 billion repurchase program for MSTR stock also remains open.

No new bitcoin was added to the treasury this week, marking a pause in what has been an aggressive accumulation strategy.

Bitcoin itself was up around 1.36% on the day as of Monday morning.

The post Strategy (MSTR) Stock Jumps 6% After $2.01B Raise and New Bitcoin War Chest Structure appeared first on CoinCentral.