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Bitsky000

06/22 13:27

Strategy Buys More Bitcoin but Turns Attention to

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Strategy Buys More Bitcoin but Turns Attention to USD Reserve With $300M Injection After hinting at buying more bitcoin on Sunday, Strategy’s co-founder and former CEO, Michael Saylor, announced on X minutes ago that the firm had acquired another 520 BTC for $35 million. Thus, its total holdings have grown to 847,363 units, currently valued at almost $55 billion. What’s more interesting about this announcement is the fact that the NASDAQ-listed business intelligence software company increased its USD reserve a lot more than the BTC acquisition. Strategy has increased its USD Reserve by $300 million to $1.4 billion and plans to continue replenishing it to support the credit quality of its Digital Credit securities. We also acquired 520 BTC for $35 million, increasing our $BTC Reserve to ₿847,363. $MSTR$STRC…
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