Strategy adds 250 Bitcoin as holdings reach 848,250 BTC

Share

Strategy announced the acquisition of 250 Bitcoin for $21.5 million last week, bringing its total holdings to 848,250 BTC. The company funded $21 million through common stock sales and the remaining $500,000 with existing cash. It maintains a $4.88 billion cash reserve to cover preferred stock dividends and debt interest payments. Bitcoin holdings growth significantly slowed in the third quarter, with an increase of only 0.2% due to net Bitcoin sales.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
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.

Read More

Items