Saylor starts rotating the Bitcoin stash instead of just buying
The strategy added roughly $650 million to cash holdings, bringing the reserve fund to $4.65 billion. Most of the funding came from selling additional MSTR shares over the past week.
Notably, Strategy also sold 1,690 BTC, raising about $108.6 million, and used most of that money to repurchase 1.15 million shares of preferred STRC stock.
This suggests that Strategy is beginning to use its BTC holdings more flexibly, rather than relying on a single strategy of simply buying Bitcoin whenever there’s money available.
After the transaction, the company still holds around 840,447 BTC along with $4.65 billion in cash.
In a humorous sense, Saylor isn’t out of ammo yet 😆. It’s just that he’s no longer playing only the one game of accumulating BTC; instead, he’s rotating BTC, MSTR, and STRC in a capital loop to keep expanding the play.
With 840k BTC in the stash, saying he’s out of money would be a bit unfair to the guy. 😂
#NguoiDongHanh
The strategy added roughly $650 million to cash holdings, bringing the reserve fund to $4.65 billion. Most of the funding came from selling additional MSTR shares over the past week.
Notably, Strategy also sold 1,690 BTC, raising about $108.6 million, and used most of that money to repurchase 1.15 million shares of preferred STRC stock.
This suggests that Strategy is beginning to use its BTC holdings more flexibly, rather than relying on a single strategy of simply buying Bitcoin whenever there’s money available.
After the transaction, the company still holds around 840,447 BTC along with $4.65 billion in cash.
In a humorous sense, Saylor isn’t out of ammo yet 😆. It’s just that he’s no longer playing only the one game of accumulating BTC; instead, he’s rotating BTC, MSTR, and STRC in a capital loop to keep expanding the play.
With 840k BTC in the stash, saying he’s out of money would be a bit unfair to the guy. 😂
#NguoiDongHanh