Strategy raises $2.01 billion through MSTR sales, creates $1.59 billion cash pool

Strategy said it generated $2.01 billion in net proceeds by selling 18.26 million MSTR shares between August 17 and 23, creating a new $1.59 billion USD cash pool. It used $136.4 million of the proceeds to repurchase STRC preferred shares. The supplied update also contains an incomplete reference to $300 without further context.