Michael Saylor Suspends Bitcoin Buy to Boost Cash Reserves With $525 Million

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Michael Saylor, chairman of Strategy, the world’s largest corporate Bitcoin holder, has paused his weekly Bitcoin purchases for over a month. The company has instead strengthened its cash reserves by adding $525 million, bringing the total to $3.75 billion. This reserve now covers dividends for approximately 2.1 years. Strategy remains the world’s largest publicly traded corporate Bitcoin holder with 843,775 BTC, and this strategy aims to reassure shareholders amid ongoing market volatility.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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