Strategy Raises $2 Billion, Builds $6.69 Billion Cash Reserve as Bitcoin Holdings Stay Flat
Bitcoin
Bitcoin treasury company Strategy (MSTR) raised approximately $2 billion last week by selling 18.26 million shares of common stock, according to a regulatory filing released Monday. The company allocated $300 million of the proceeds to its USD Reserve and spent $136.4 million to repurchase 1.43 million shares of its variable-rate preferred stock, STRC.
BTC
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