๐ฐ Strategy Boosts Cash Reserves by $748M
Strategy, led by Executive Chairman Michael Saylor, significantly strengthened its liquidity position last week, raising $747.8 million through common stock sales. The move reinforces the companyโs ability to sustain its capital strategy amid $BTC volatility.
Strategy remains the largest publicly traded Bitcoin holder, with 671,268 BTC acquired for just over $50B and now valued at approximately $60.4B at BTC ~$90,000.
This capital raise - itโs a defensive liquidity play. Strategy is building a longer runway to support its dividend obligations while maintaining maximum exposure to Bitcoinโs upside.
