Strategy Raises $544M, Skips Bitcoin Buys for Fifth Straight Week: What's Happening?
Strategy skips Bitcoin purchases for a fifth week, raises its cash reserve to $3.75B and buys back $25M of STRC shares.
A company that usually buys Bitcoin decided to skip buying it for five weeks in a row and instead saved up cash. When a company stops buying something it normally loves and saves money instead, it might mean they're being extra careful about what happens next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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