Strategy raised about $20.9 billion this year through common- and preferred-stock offerings, ranking fourth among U.S. companies behind SpaceX, Alphabet and Intel. Between Aug. 24 and Aug. 30, it sold 4,531,421 common shares for $602.8 million in net proceeds, using $369.7 million to purchase 4,603 Bitcoin at an average price of about $80,318. As of Aug. 30, Strategy held 845,050 Bitcoin acquired at a total cost of about $63.73 billion, or an average of $75,412 per coin. An MSCI consultation on digital asset treasury companies ends Sept. 30, with markets watching for any changes to index-inclusion standards.