Of note:

MSTR announced that they will not use common stock to directly buy BTC as long as mNAV is less than 2.5X (currently 1.53X)...no more share dilution for a while.
Instead, they issued ATM using preferreds: Q2-$683.6 mil
STRK ATM has 20.5bil remaining, STRF ATM has 1.9 bil remaining, STRD has 4.2 bil ATM remaining.

STRC just IPOed-another $2.5 bil (5X oversubscribed, which means potential ATM sales would be sought after).

STRC will pay 10% (as of today) dividend of 0.8/share on Aug 31 to shareholders as of Aug 15  
Beats money market at 4%, so I got some exchanged (at 94).

https://www.strategy.com/press/strategy-announces-second-quarter-2025-financial-results_07-31-2025

EDIT: OT-why you can only earn pennies on WS IPO casino: FIG IPOed at $32 (already being richly valued at $11-12 bil), but openopened for trading at $93 and trades now at $146...CRCL all over again.
EDIT2: hot on the heels of it's oversubscribed $2.5 bil STRC IPO, Saylor just announced a $4.2 bil STRC ATM.
https://www.sec.gov/Archives/edgar/data/1050446/000119312525170517/d826419d424b5.htm

Of note:

MSTR announced that they will not use common stock to directly buy BTC as long as mNAV is less than 2.5X (currently 1.53X)...no more share dilution for a while.
Instead, they issued ATM using preferreds: Q2-$683.6 mil
STRK ATM has 20.5bil remaining, STRF ATM has 1.9 bil remaining, STRD has 4.2 bil ATM remaining.

STRC just IPOed-another $2.5 bil (5X oversubscribed, which means potential ATM sales would be sought after).

STRC will pay 10% (as of today) dividend of 0.8/share on Aug 31 to shareholders as of Aug 15  
Beats money market at 4%, so I got some exchanged (at 94).

https://www.strategy.com/press/strategy-announces-second-quarter-2025-financial-results_07-31-2025

EDIT: OT-why you can only earn pennies on WS IPO casino: FIG IPOed at $32 (already being richly valued at $11-12 bil), but open for trading at $93 now at $146...CRCL all over again.

Of note:

MSTR announced that they will not use common stock to directly buy BTC as long as mNAV is less than 2.5X (currently 1.53X)...no more share dilution for a while.
Instead, they issued ATM using preferreds: Q2-$683.6 mil
STRK ATM has 20.5bil remaining, STRF ATM has 1.9 bil remaining, STRD has 4.2 bil ATM remaining.

STRC just IPOed-another $2.5 bil (5X oversubscribed, which means potential ATM sales would be sought after).

STRC will pay 10% (as of today) dividend of 0.8/sghareshare on Aug 31 to shareholders as of Aug 15  
Beats money market at 4%, so I got some exchanged (at 94).

https://www.strategy.com/press/strategy-announces-second-quarter-2025-financial-results_07-31-2025

Of note:

MSTR announced that they will not common stock to directly buy BTC as long as mNAV is less than 2.5X (currently 1.53X)...no more share dilution for a while.
Instead, they issued ATM using preferreds: Q2-$683.6 mil
STRK ATM has 20.5bil remaining, STRF ATM has 1.9 bil remaining, STRD has 4.2 bil ATM remaining.

STRC just IPOed-another $2.5 bil (5X oversubscribed, which means potential ATM sales would be sought after).
STRC will pay 10% (as of today) dividend of 0.8/sghare on Aug 31 to shareholders as of Aug 15 
Beats money market at 4%, so I got some exchanged (at 94).

https://www.strategy.com/press/strategy-announces-second-quarter-2025-financial-results_07-31-2025