Strategy increases its cash reserves by $525 million, buys no Bitcoin
Covered by 2 sources · 2 articles
2 outlets - including U and Cryptopolitan - are covering this story. Michael Saylor's Strategy continues to build its cash reserves after taking a break from its regular Bitcoin purchases, and has now provided coverage for 2.1 years of dividends.
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Michael Saylor Suspends Bitcoin Buy to Boost Cash Reserves With $525 Million
Michael Saylor's Strategy continues to build its cash reserves after taking a break from its regular Bitcoin purchases, and has now provided coverage for 2.1 years of dividends.
Strategy increases its cash reserves by $525 million, buys no Bitcoin
Strategy Inc. (MSTR) raised its cash reserve by $525 million over the past week. The company filed Form 8-K on Monday, reporting it sold 5.4 million MSTR shares last week for $544.5 million. In that period, it also repurchased 288,930 share…