BUSINESSDECRYPT
Strategy Adds $525M to Cash Reserve, Skips Bitcoin Buy for Fifth Week
A Bitcoin treasury firm added $525 million to its cash reserve and skipped Bitcoin purchases for the fifth consecutive week. The firm also utilized its $1 billion preferred buyback program for the first time, spending $25 million on STRC.
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Adjacent reporting
- Strategy Pads Cash Reserves to $3 Billion, Skipping Bitcoin Buy for Third Week
- Strategy extends bitcoin pause to five weeks, sells $544.5 million in MSTR as USD reserve hits $3.75 billion
- Strategy pauses its Bitcoin buying spree to hoard a massive $3 billion cash cushion
- Bitcoin treasury firms add 603 BTC as Strategy pauses buying
- Strategy Pads Cash Reserves to $1.4B After STRC's Stumble
- Strategy added $35 million in bitcoin, $300 million in cash reserves last week