Decision/Other
Proposed

Strategy sells 2,051,348 MSTR shares for $283.8 million

Strategy raised $283.8 million by selling 2,051,348 MSTR shares, then spent most of it repurchasing STRC preferred shares rather than buying Bitcoin, shifting the immediate cost to common shareholders through dilution.

Actors and targets

Targets MSTR sharesitem

Source

Strategy sold 2,051,348 MSTR shares for $283.8 million last week
pattystraphouse · Telegram Open post

Not established

  • Exact date of the share sale
  • Exact date of the BTC purchase
  • Exact date of the STRC repurchase

Extracted detail

Action
sold MSTR shares and used proceeds for BTC purchase and STRC repurchases
Company
Strategy
Ticker
MSTR

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