Strategy did not increase its Bitcoin holdings last week, selling $334 million in stocks, bringing its cash reserves to $4.8 billion.

BlockBeats News, August 17th, Strategy sold 3.46 million shares through the ATM plan last week, raising $3.337 billion. The company did not make any Bitcoin purchases, and its Bitcoin holdings remain unchanged at 840,447 BTC, with a total cost of $63.6 billion and an average cost of approximately $75,385 per BTC.

Strategy will use the proceeds to pay preferred stock dividends, repurchase $1.322 billion of STRC, and increase its cash reserves. Its USD reserves have now reached $4.8 billion.