Strategy Adds $300 Million To USD Reserve As Saylor Reports 520 BTC Buy
Strategy added 520 BTC and raised its USD reserve to $1.4B, putting balance-sheet discipline back in focus.
Crypto News·
Strategy President and CEO Phong Le has invested $1 million in the company’s STRC preferred stock as shares continue trading below their intended $100 par value. In a June 22 X post, Le said he purchased $1 million worth of…
Read full articleStrategy added 520 BTC and raised its USD reserve to $1.4B, putting balance-sheet discipline back in focus.
The analysts underscored that Strategy's Stretch (STRC) can't technically lose its “peg.”
Strategy sold $335.5 million in shares, bought 520 Bitcoin, increased cash reserves, and strengthened its long-term crypto strategy. Strategy continued its Bitcoin accumulation strategy after selling millions of company shares. The company sold $335.5 million in stock, and part of the proceeds was used to purchase additional Bitcoin. At the same time, it also built […] The post Strategy Sells Millions of Shares, Boosts Bitcoin Holdings Again appeared first on Live Bitcoin News.
Macro uncertainty, STRC finding a new low and another $227M in ETF outflows weren't enough to keep Bitcoin down over the past week.
Strategy has increased its cash reserves by $300 million while adding 520 Bitcoin worth roughly $35 million, highlighting a growing focus on liquidity alongside continued cryptocurrency purchases. According to a June 22 filing, the company acquired 520 Bitcoin at an…
Michael Saylor’s firm topped up its USD cash reserve to $1.4 billion as it made its smallest Bitcoin buy since selling 32 BTC three weeks ago
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Michael Saylor’s Strategy boosted its USD Reserve to $1.4 billion and added 520 Bitcoin, funded through $335.5 million in MSTR share sales.