Cointelegraph

Strategy launches $1.6B cash pool after $2B common shares raise, maintains hold on BTC buys

Strategy launches $1.6B cash pool after $2B common shares raise, maintains hold on BTC buysWorldPing

Strategy held off on new Bitcoin buying, maintaining holdings at 840,447 BTC as it launched a $1.59 billion cash pool after raising $2 billion from MSTR stock sales.

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

Read the full report at Cointelegraph

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Strategy Slams Brakes on Bitcoin Buying, Stockpiles $6.69B Cash

Strategy bought zero bitcoin last week, choosing instead to stack billions in cash and buy back preferred stock as Michael Saylor’s company loaded its balance sheet for whatever bitcoin or its own securities throw at it next.

Brief by WorldPing · Original reporting by Bitcoin.com