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via Decrypt · By Decrypt Editorial

Strategy Pads Cash Reserves to $1.4B After STRC's Stumble

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Decrypt Editorial
(02:55 PM UTC)
1 min read
SC
Reviewed bySarah Chen
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In brief

  • Strategy spent $35 million on Bitcoin while padding its USD reserve for a third straight week.
  • Following STRC's tumble to new lows last week, the company now has $1.4 billion in cash.
  • The firm's activity was outpaced by Strive, while its preferred stock rebounded from recent losses.

Bitcoin treasury company Strategy accumulated cash for a third straight week, attempting to strengthen…

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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