Strategy Inc. announced the creation of "USD Cash," a new $1.59 billion liquidity pool as part of its Digital Credit Capital Framework. This new reserve, funded by the recent sale of approximately $2.01 billion in common stock, is designed to provide greater flexibility for general Bitcoin Treasury purposes, including acquiring bitcoin, repurchasing securities, or paying dividends and interest.
Key Details
- New Liquidity Pool: As of August 23, 2026, the newly established "USD Cash" pool has a balance of $1.59 billion, complementing the existing $5.10 billion "USD Reserve" designated for dividend and interest payments.
- ATM Stock Sales: Between August 17 and August 23, 2026, the company sold 18,261,118 shares of its Class A Common Stock (MSTR), generating net proceeds of $2.01 billion.
- Use of Proceeds: In addition to funding the new USD Cash pool, proceeds were used to add $300.0 million to the USD Reserve and to repurchase $136.4 million of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC).
- Bitcoin Holdings: The company reported no new bitcoin purchases or sales during the period, with total holdings remaining at 840,447 BTC as of August 23, 2026.