Bitcoin Gold AI (BTC)

$MSTR $BTC

The expected official public announcement from Strategy has arrived.

🟣No BTC purchases.
🟣The total BTC amount remains unchanged at 847.363 BTC. So no BTC sales are seen this week.
🟣In contrast, Strategy sold 12,669,017 new MSTR shares through its ATM program, raising a net cash of $1.152 billion.
🟣The USD reserve also increased from roughly $1.4 billion to $2.55 billion. The increase comes almost entirely from this new MSTR share issuance.

(⚡️ In short; they did not sell BTC. They issued and sold MSTR shares to raise $1.15 billion.)

🟣They raised STRC’s annual dividend rate to 12%.
🟣The USD reserve will now be used, by management decision, only for preferred dividends and debt interest; the minimum target is to cover at least 12 months of these obligations.
🟣The current $2.55 billion reserve, according to the company, covers about 17.4 months of dividend/interest liabilities.
🟣They authorized $1 billion to buy back STRC and other preferred products, and an additional $1 billion to repurchase MSTR shares.
⚠️The most critical change: The board received authority to, if needed, sell BTC to increase the USD reserve, make dividend/interest payments, or conduct STRC/MSTR buybacks. The first capacity that can be used from this channel for the USD reserve is $1.25 billion.

(⚡️ In other words; they have not sold BTC for now, but have made BTC sales an official capital management tool. The pressure they faced in recent weeks evidently set off red alarms at the company, leading them to take it seriously and become fearful.)

🟣Another critical negative aspect is the dilution for MSTR investors. Approximately 12.67 million new shares were issued in a single week.