Strategy disclosed on August 3 that between July 27 and August 2, the company sold approximately 3.01 million shares of MSTR through an ATM offering, raising net proceeds of $290.6 million. At the same time, they sold 1,638 bitcoin:native at an average price of $63,957, generating $104.7 million. The funds raised were primarily used to replenish a $250 million cash reserve, pay $52.4 million in preferred stock dividends, and repurchase approximately 912,000 shares of STRC for $81.2 million. As of August 2, Strategy still holds 842,138 BTC, with an average cost of $75,419 per BTC, and their cash reserves have reached $4 billion.