STRATEGY ADDS $150M TO USD RESERVE, REPURCHASES $132M OF $STRC
Strategy added $150 million to its USD Reserve last week, bringing the total to $4.8 billion. They now have 2.8 years of dividend coverage in cash.
The company also repurchased $132.2 million of $STRC while making no Bitcoin purchases or sales.
They sold $333 million in MSTR common shares to purchase the STRC and increase the cash reserve.
Strategy holds 840,447 BTC worth $63.36 billion at an average purchase price of $75,385.
Strategy added $150 million to its USD Reserve last week, bringing the total to $4.8 billion. They now have 2.8 years of dividend coverage in cash.
The company also repurchased $132.2 million of $STRC while making no Bitcoin purchases or sales.
They sold $333 million in MSTR common shares to purchase the STRC and increase the cash reserve.
Strategy holds 840,447 BTC worth $63.36 billion at an average purchase price of $75,385.
