How is Strategy building a $4.8 billion cash pile without touching its Bitcoin?

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Strategy has paused its weekly Bitcoin sales and built a cash reserve of $4.8 billion. The company raised $333.7 million by selling MSTR shares, with $149.1 million added to its dollar reserves, $132.2 million used to buy back STRC preferred stock, and $52.4 million allocated for STRC dividends. Its Bitcoin holdings remain unchanged at 840,447 BTC, purchased at an average price of $75,385. This strategy aims to increase financial flexibility amid volatile ETF flows, which saw net outflows of $389.7 million.

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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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