Strategy Boosts USD Reserve to $3.75B After $525M Raise While Holding 843,775 BTC

1 week ago 5

Rommie Analytics

Key Takeaways:

  • The company raised its USD funds balance by $525 million or $3.75 billion, as high as ever before and it is the biggest amongst other banks.
  • The cash on hand now provides for about 2.1 years of preferred dividend and debt interest required.
  • The company maintained its position in Bitcoin at 843,775, and executed its first STRC preferred stock buyback.