Strategy raised $747.8 million in net proceeds after selling approximately 4.5 million Class A common shares through its at-the-market offering programme.
The share sale took place between December 15 and December 21 and did not involve the issuance of preferred stock.
Following the transaction, the company’s US dollar cash reserves increased to $2.19 billion.
Strategy executive chairman Michael Saylor confirmed the updated reserve and crypto holdings in a public disclosure.
The company continues to hold 671,268 Bitcoin, retaining its position among the largest corporate holders globally.
Strategy said the capital raise forms part of efforts to rebalance assets during a prolonged crypto market downturn.
The firm previously announced the creation of a dedicated US dollar reserve earlier in December.
The reserve was initially set at $1.44 billion to support dividend payments and interest obligations on outstanding debt.
Strategy’s current intention is to maintain a USD Reserve in an amount sufficient to fund at least twelve months of its dividends.