Strategy, the world’s largest corporate bitcoin holder, has paused its cryptocurrency purchases for about a month to focus on rebuilding its dollar reserve. The company raised an additional $525 million by selling 5.4 million shares through its ATM program over the past week. It now holds 843,775 BTC, valued at over $56 billion at the current price of $65,000, along with $3.75 billion in cash, providing coverage for 2.1 years of dividend payments. The company’s stretch stock STRC, used to raise funds for BTC purchases, fell below its $100 par price to under $75, prompting a strategic pivot and the launch of the Digital Credit Capital Framework to enhance liquidity.
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