Michael Saylor Says ‘We’re Back’: 3 Reasons MicroStrategy May Resume Buying Bitcoin

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Michael Saylor posted « We’re Back » on X, suggesting that Strategy (formerly MicroStrategy) may resume Bitcoin purchases after ten weeks of pause. The company’s financial situation has improved: its net leverage is now 0.1%, with $6.69 billion in cash against $6.71 billion in debt on convertible notes. The preferred stock STRC is trading near par value at $100, reducing the 12% dividend cost that reached $400.7 million in the second quarter. The company’s Bitcoin treasury stands at 840,447 BTC, valued at $65.72 billion, with an average purchase price of $75,388 per coin.

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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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