BUSINESSDECRYPT
Strategy Pads Cash Reserves to $1.4B After STRC's Stumble
Michael Saylor’s firm increased its USD cash reserves to $1.4 billion following a decline in STRC. The company made its smallest Bitcoin purchase since selling 32 BTC three weeks prior.
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Adjacent reporting
- Strategy sells 32 BTC in first Bitcoin sale since 2022; Stock falls on open
- Capital B boosts Bitcoin reserves with $15.2M purchase
- Strive Expands Bitcoin Treasury With $61.4 Million Purchase, Holdings Reach 14,557 BTC
- Bitcoin Giant Strategy Slashes Cash Reserves by 61% to Repurchase $1.5 Billion in Debt