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CoinDeskcoindesk.com

Strategy added $35 million in bitcoin, $300 million in cash reserves last week (opens original article in a new tab)

TL;DR

Strategy added 520 bitcoin and $300 million in cash reserves using proceeds from common stock sales. The company's total bitcoin holdings now stand at 847,363 BTC, with cash reserves reaching $1.4 billion.

  • Strategy acquired 520 bitcoin for $34.9 million
  • Company raised cash reserves by $300 million to $1.4 billion
  • Proceeds from common stock sales funded both bitcoin purchase and cash increase

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