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$1INCH /USDT is bearish as the price continues to trade below recent resistance........ Sellers are still in control and the trend remains weak........ A break below 0.0814 could push the price even l

Seize the Chance: Predict Today & Keep Winning

$MORPHO BOUNCING FROM DEMAND ZONE – WHALES ACCUMULATING? 🦈 Entry: 1.96-1.98 ⚡ Target 1: 2.02 🚀 Target 2: 2.08 🚀 Target 3: 2.15 🚀 Stop Loss: 1.92 ⚠️ The bidding wall at $1.96 is absorbing every wave of

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On July 28, market research and intelligence firm IIR reported that Saudi Aramco has shut down its 400,000 barrels per day (bpd) Jizan refinery following an attack on July 25. Saudi Aramco expects to 

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Seize the Chance: Predict Today & Keep WinningDiscuss Hot Assets , Enter the Lucky DrawHTX Refer And Earn Michael Saylor Suspends Bitcoin Buy to Boost Cash Reserves With $525 Million Michael Saylor's 

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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.

It's been over a month since Michael Saylor, the chairman of the world's largest Bitcoin treasury firm, Strategy, last announced a Bitcoin purchase to boost its treasury.

While Strategy is known for its consistent Bitcoin purchases every week, the firm has not made any purchase in the last four weeks; rather, it has continued to expand its cash reserve.

It appears that the vocal Bitcoin advocate has taken a break from his weekly Bitcoin purchases amid the growing speculation about Strategy's stock dilution that saw many industry leaders criticize his business model.

Rather than buying Bitcoin, Strategy has spent the last month consistently funding its cash reserve to potentially cover its dividend payments.

Following its latest filing, Strategy revealed it has added a massive $525 million to its U.S. dollar reserve, bringing its total cash holdings to $3.75 billion as of Monday, July 27.

The company further confirmed that its multi-billion cash reserve now provides dividend coverage for about 2.1 years, sparking discussions across the crypto community.

With this move, Strategy has proven to investors its ability to easily pay out dividends without having to sell from its large Bitcoin stash while shunning critics

Michael Saylor Suspends Bitcoin Buy to Boost Cash

HTX Creation Challenge — Post and Win 1,500U 💥Discuss Hot Assets , Enter the Lucky DrawHTX Refer And Earn Michael Thaler Halts Bitcoin Purchases, Increases Cash Reserves by $525 Million After halting 

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Michael Thaler Halts Bitcoin Purchases, Increases Cash Reserves by $525 Million

After halting its regular Bitcoin purchases, Strategy, owned by Michael Thaler, continues to increase its cash reserves, now sufficient to pay dividends for 2.1 years.

Michael Thaler, chairman of Strategy, the world's largest Bitcoin fund manager, has not announced any Bitcoin purchases to increase its cash reserves for over a month.

Strategy is known for its weekly Bitcoin purchases, but the company has not made any purchases in the past four weeks, instead continuing to expand its cash reserves.

This Bitcoin activist appears to have paused his weekly Bitcoin purchases amid growing speculation about Strategy's stock dilution and criticism of his business model from many industry insiders.

Instead of buying Bitcoin, Strategy has been steadily increasing its cash reserves over the past month to cover dividend payments.

Strategy recently disclosed a significant increase of $525 million in its dollar reserves, bringing its total cash reserves to $3.75 billion as of Monday, July 27.

The company further confirmed that its billions of dollars in cash reserves are sufficient to pay dividends for approximately 2.1 years, a move that has sparked considerable discussion in the cryptocurrency community.

This move by Strategy demonstrates to investors that it can easily pay dividends even without selling its massive Bitcoin reserves, while effectively countering criticism.

Michael Thaler Halts Bitcoin Purchases, Increases

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