Strategy Raises $2 Billion as Bitcoin's 24% Surge Turns Holdings Profitable

Strategy Inc. (NASDAQ:MSTR) raised $2 billion through stock sales last week as Bitcoin’s (CRYPTO: BTC) 24% surge flipped its 840,447 BTC position back into profit.

What the $2 Billion Raise Actually Covered

According to Monday’s 8-K filing, Strategy sold 18.26 million MSTR shares between Aug. 17 and Aug. 23, directing proceeds three ways. 

It added $300 million to its USD Reserve, bringing the total to $5.1 billion. It used $136.4 million to repurchase 1.43 million STRC preferred shares. The remaining $1.59 billion went into a newly created liquidity pool called USD Cash.

Strategy made no Bitcoin purchases or sales during the week, leaving holdings unchanged at 840,447 BTC for a second straight week. 

The company acquired those coins at an average price of $75,385 per Bitcoin, compared with Bitcoin’s current price near $78,000, leaving it with roughly $2.4 billion in unrealized profit after spending most of 2026 underwater.

Meanwhile, Bitcoin ETF inflows hit $1.92 billion last week, the largest weekly total since the October 2025 crash, adding institutional tailwind behind the price move that pushed Strategy’s position back into the green.