Strategy Inc., formerly known as MicroStrategy, raised approximately $2 billion in net proceeds by selling 18.26 million Class A common shares between August 17 and 23 through an at-the-market offering. The company allocated $1.59 billion to a newly created USD Cash liquidity pool, $300 million to its existing USD Reserve, bringing that balance to $5.1 billion, and $136.4 million to repurchase 1.43 million shares of its Variable Rate Series A Perpetual Stretch Preferred Stock, ticker STRC. As of August 23, total USD liquidity stood at $6.69 billion. Strategy made no Bitcoin transactions during the period, leaving its holdings unchanged at 840,447 BTC, and said Bitcoin purchases would remain suspended. The measures are intended to strengthen financial flexibility, operational agility and STRC credit metrics; CEO Michael Saylor cited a USD Duration of 3.9 years. The STRC repurchases also reduce ongoing dividend obligations.