Cointelegraph

Strategy raises $334M through stock sales but buys no Bitcoin

Strategy raises $334M through stock sales but buys no BitcoinWorldPing

Proceeds funded STRC dividends and repurchases, while $149.1 million was added to Strategy’s US dollar reserve, which reached $4.8 billion.

This is a short WorldPing brief. The full report was published by Cointelegraph.

Read the full report at Cointelegraph

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Strategy Holds Bitcoin at 840,447 BTC as Cash Reserve Hits $4.8BWorldPing
Bitcoin.com

Strategy Holds Bitcoin at 840,447 BTC as Cash Reserve Hits $4.8B

Strategy kept its bitcoin holdings unchanged at 840,447 BTC through Aug. 16 while lifting its U.S. dollar reserve to $4.8 billion. Common-stock sales funded the reserve increase, STRC repurchases and preferred-stock dividends.

Brief by WorldPing · Original reporting by Bitcoin.com