Strategy Inc., Michael Saylor’s firm, has raised $2 billion through equity sales to create a new USD cash pool aimed at enhancing balance sheet flexibility. This move could allow the company to purchase Bitcoin, repurchase shares, or repay debts. Strategy’s total dollar liquidity now stands at approximately $6.69 billion. Market pricing indicates a 72% probability of the stock reaching $100 by year-end.
Source: Read the original article
