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Strategy (NASDAQ: $MSTR) left its Bitcoin (CRYPTO: $BTC) holdings unchanged over the past week even as the company continued to buyback its preferred stock (NASDAQ: $STRC).

The serial cryptocurrency acquirer led by Chairman Michael Saylor raised $333.7 million U.S. last week through the sale of 3.46 million shares of its common stock.

Proceeds from the common stock sale were used to boost Strategy's cash reserves by $150 million U.S. and buyback $132.2 million U.S. of its variable-rate preferred stock.

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The company also allocated $52.4 million U.S. to dividends paid on the preferred stock, which yields 12%. 

However, Strategy left its Bitcoin holdings unchanged over the last week at 840,447 BTC. 

The company's Bitcoin holdings were acquired for $63.36 billion U.S. at an average price of $75,385 U.S. per BTC. 

Strategy has said in recent weeks that its near-term priority is building up its cash reserves and covering dividend payments on its preferred stock.

After the latest transactions, Strategy has $653 million U.S. remaining on its preferred-stock repurchase program and $1 billion U.S. available under its common-stock buyback program.

MSTR stock has declined 74% over the last 12 months to trade at $93.04 U.S. per share.