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via CoinDesk · By CoinDesk Staff
Michael Saylor's MSTR boosted BTC and cash holdings
BTC
BTC/USDT
$63,011.55
-1.95%
$63,011.55
-1.95%
(24s)24h Volume
$18,071,103,500.93
24h H/L
$65,622.83 / $62,568.90
Change: $3,053.93 (4.88%)
Long/Short
66.7%
Long: 66.7%Short: 33.3%
Funding Rate
+0.0007%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(12:39 PM UTC)
1 min read
932 views
0 commentsSummary
- Strategy acquired 520 bitcoin last week for approximately $34.9 million, bringing its total holdings to 847,363 BTC.
- The company also raised its cash reserves by $300 million to $1.4 billion.
- Both of the moves were funded via sales of common stock.
Michael Saylor and his embattled Strategy (MSTR) sold more common stock last week, using the proceeds to add a relatively small amount of bitcoin…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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