$2.01B: Strategy Sells MSTR Shares, Allocates Cash for Bitcoin
Covered by 2 sources · 2 articles
2 outlets - including Coinfomania and Theblock - are covering this story. Strategy's recent $2 billion MSTR share sale aims to bolster its Bitcoin treasury plans, potentially impacting market dynamics. The post $2.01B: Strategy Sells MSTR Shares, Allocates Cash for Bitcoin appeared first on Coinfomania .
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$2.01B: Strategy Sells MSTR Shares, Allocates Cash for Bitcoin
Strategy's recent $2 billion MSTR share sale aims to bolster its Bitcoin treasury plans, potentially impacting market dynamics.
Strategy sells $2 billion in MSTR shares, makes no bitcoin purchases, establishes $1.6 billion ‘USD Cash’ pool
Strategy's total holdings account for roughly 4% of the 21 million bitcoin supply cap — worth around $66 billion.