CryptoThe Blockabout 4 hours ago
Strategy pauses bitcoin buying, builds $3B cash reserve
1 min read
Strategy has not purchased any bitcoin since June 22, instead selling 3,588 BTC for roughly $216 million to boost its US dollar reserve to $3 billion. The reserve provides 20.4 months of coverage for preferred-stock dividends and debt interest, giving the company flexibility during a bitcoin bear market.
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