Saylor’s Strategy Keeps Rebuilding Its Cash Pile, Putting Bitcoin Buys on Hold

Saylor's Strategy Scoops Up Another 3,081 BTC in $342M Purchase




Today’s announcement comes after another interesting hint on X yesterday.

It has been roughly a month since the world’s largest corporate holder of bitcoin halted its cryptocurrency purchases, as it has seemingly listened to some experts’ advice to focus on rebuilding its greenback reserve.

The latest example was just announced by Strategy’s co-founder and former CEO, Michael Saylor. In a tweet on X, the prominent BTC bull noted that the firm has raised its USD stash by another $525 million. Consequently, it now has the power to cover 2.1 years of dividend payments.

 

SPECIAL OFFER (Exclusive)
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Pin It on Pinterest