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