Strategy Raises $2B Selling MSTR Stock, Establishes 'USD Cash' Pot
Covered by 2 sources · 2 articles
2 outlets - including Crypto-economy and Decrypt - are covering this story. TL;DR Capital Raise: Strategy generated $2B from MSTR sales and made no Bitcoin trades, keeping holdings at 840,447 BTC. Liquidity Pools: Strategy expanded its USD Reserve to $5.1B and created a new $1.59B USD Cash pool for flexible deploym…
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Strategy Raises $2B Through MSTR Sales, Establishes New USD Cash Pool
TL;DR Capital Raise: Strategy generated $2B from MSTR sales and made no Bitcoin trades, keeping holdings at 840,447 BTC. Liquidity Pools: Strategy expanded its USD Reserve to $5.1B and created a new $1.59B USD Cash pool for flexible deploym…
Strategy Raises $2B Selling MSTR Stock, Establishes 'USD Cash' Pot
The company has not bought Bitcoin since June, and has now created a liquidity account it said may be spent on more of it.