Michael Saylor Tops Cash Reserves Again With $250 Million

Share

Strategy, the world’s largest corporate Bitcoin holder, has not purchased Bitcoin since June. The company has added $250 million to its cash reserve for the sixth consecutive week, bringing the total to $4 billion. This cash accumulation follows the sale of a portion of its Bitcoin holdings, which now stand at 842,138 BTC. Strategy also repurchased $81 million of its STRC preferred stock as part of its capital management strategy. The company remains the world’s largest corporate Bitcoin holder.

Source: Read the original article

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.

Lire la Suite

Articles