Breaking: Michael Saylor’s Strategy Dumps $263M In MSTR Stock, Bitcoin Reserve Intact

Michael Saylor’s Strategy has recently sold a substantial amount of its Class A common stock without changing its holdings of Bitcoin. It offloaded $263 million in MSTR stock to fuel its USD reserve.

Michael Saylor Announces MSTR Stock Sale

In a post to X, Michael Saylor wrote, “Strategy has increased its USD Reserve by $225 million. As of 7/19/2026, we hodl ₿843,775 in our BTC Reserve and $3.2 billion in our USD Reserve.”

Strategy sold 2.732,318 MSTR shares through its at-the-market (ATM) offering program on or about July 13 through July 19, 2014, per an 8-K filing. It raised net proceeds (after any commissions) of approximately $263.5 million.

Strategy has increased its USD Reserve by $225 million. As of 7/19/2026, we hodl ₿843,775 in our BTC Reserve and $3.2 billion in our USD Reserve. $MSTR $STRC https://t.co/sci7bZHzsy

— Michael Saylor (@saylor) July 20, 2026

The company also announced that there is $23.53 billion of issuance capacity in its common stock ATM programs. It follows last week’s $466.7 million MSTR stock sale, which rattled the market as investors feared dilution.

During the period, no preferred securities were issued or redeemed. In the week, the company also did not buy back any shares under any of its buyback programs, the filing adds.

For the Bitcoin side, Michael Saylor’s Strategy said it didn’t buy any BTC during the week that ended on July 19. It currently holds 843,775 BTC that was purchased for a total of $63.69 billion, averaging $75,476 per BTC (including fees and expenses).

As of July 19, the company’s U.S. dollar bank reserves amounted to $3.225 billion. The reserve is kept to cover payments of dividends on preferred stock and interest on the debt that is outstanding, Strategy said. The balance reported also reflects the anticipated cash proceeds from sales of ATM shares that did not settle by the reporting date.

The BTC Sale Angle

The latest update comes as Strategy revealed last week it had sold about $216 million in Bitcoin to fund payments to shareholders on its STRC preferred stock and other digital credit securities. The transaction was its second Bitcoin sale in the company’s history.

Meanwhile, there has been speculation about the company’s proposed $1.25 billion BTC Monetization Program. Hence, netizens are expecting further Bitcoin sales by Michael Saylor’s Strategy.

For those looking for decentralized futures trading, visit our page on Perp DEXs.