MSTR skips Bitcoin buys, raises $545M via share sale

MicroStrategy chose not to add Bitcoin to its holdings this period and instead raised $545 million by selling shares, signaling a shift toward equity financing over additional crypto accumulation; this reduces near-term BTC exposure and may dilute shareholders but strengthens liquidity for corporate use or future buys. Investors should watch effects on share count, BTC treasury strategy, and market reaction to dilution.