TLDR
- Strategy sold 2,732,318 MSTR shares for about $263.5 million between July 13 and July 19.
- The company added $225 million to its dollar reserve, lifting the total balance to $3.225 billion.
- Strategy made no bitcoin purchases, bitcoin sales, or share repurchases during the reporting period.
- The company continues to hold 843,775 BTC at an average purchase price of $75,476 per bitcoin.
- MSTR stock rose 1% to $95.80 and moved slightly above the Bollinger Bands middle line.
MSTR stock rose modestly on Monday, but the shares now face a decisive technical test near $107 resistance. Strategy also sold $263.5 million in shares while pausing bitcoin purchases during the latest reporting week. The move strengthened its dollar reserve as management balanced liquidity needs against a large Bitcoin position.
Share Sales Strengthen Strategy’s Cash Position
Strategy sold 2,732,318 common shares between July 13 and July 19, according to its latest SEC filing. The sales generated about $263.5 million, while MSTR stock remained under pressure from its broader downward trend. Management directed $225 million from those proceeds into the company’s expanding United States dollar reserve.
The reserve reached $3.225 billion by July 19, up from roughly $3 billion in the previous filing. Strategy made no bitcoin purchases, bitcoin sales, or share repurchases during the same seven-day reporting period. The stronger reserve gives MSTR stock additional support as Strategy manages debt payments and preferred dividend obligations.
Strategy still holds 843,775 bitcoin, valued near $54.7 billion at current market prices. The company spent about $63.7 billion acquiring those holdings, including fees and related transaction expenses. Its average purchase price stands at $75,476 per bitcoin, leaving the position with about $9 billion in unrealized losses.
Bitcoin Pause Shifts Attention Toward Liquidity
The latest pause extends several weeks of dollar accumulation instead of fresh bitcoin purchases. That approach differs from Strategy’s earlier buying campaigns, which established its position as the largest corporate bitcoin holder. However, company leaders continue describing the cash buildup as balance-sheet support rather than a strategic retreat.
Chief Executive Phong Le said Strategy plans to remain a long-term bitcoin buyer. He told Bloomberg TV that management would assess debt risks if bitcoin fell toward $8,000 or $10,000. Meanwhile, Michael Saylor continued signaling commitment to the asset through public comments and company updates.
Strategy now leads 197 public companies that follow some form of corporate bitcoin acquisition model. Its holdings represent about 4% of bitcoin’s fixed 21 million supply limit. Still, MSTR stock remains sensitive to bitcoin prices, financing activity, and the company’s ability to manage debt.
MSTR Stock Tests Recovery Above $95
MSTR stock gained 1% to $95.80 during the latest session after opening at $95.62. Shares traded between $94.86 and $97.06, while MSTR stock showed early stabilization after recent selling. The price also moved slightly above the Bollinger Bands middle line at $95.06.
Immediate resistance sits near $97, while the upper Bollinger Band (BB) places the next major barrier around $107. MSTR stock must clear that level to improve its recovery structure and challenge the broader downward trend. Support remains near $95, while the lower Bollinger Band stands around $83.12.
Source: TradingView
The Relative Strength Index (RSI) rose to 41.14, above its signal line at 38.45. However, the reading remained below 50, showing that buyers had not gained full momentum. MSTR stock now faces a crucial $107 test as Strategy preserves cash and maintains its bitcoin holdings.
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