Michael Saylor boosts Strategy cash reserves to $5B through asset sales

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Michael Saylor has reportedly increased his cash position to $4.65 billion through a strategic shift involving the sale of bitcoin and MSTR shares while acquiring STRC shares. The company sold 1,638 bitcoin and approximately 3 million MSTR shares, boosting its U.S. dollar reserves and repurchasing STRC preferred stock. Market probabilities for STRC hitting $100 by December 31 have risen from 64% to 72% over the past 24 hours, reflecting growing confidence. The September 30 sub-market also ticked up from 36% to 39.5% over the same period.

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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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