(AsiaGameHub) – By: Christian Pierce
Strategy, formerly MicroStrategy, has been making waves in the crypto market. After selling 32 BTC for about $2.5 million to fund preferred stock dividends, it quickly bought 1,550 BTC for $101 million. This shows they might sell small amounts when needed but still aim to grow their Bitcoin holdings. The company now holds 845,256 BTC, leading as the largest public corporate holder. They also increased their dollar reserve by $100 million to $1 billion, likely to handle dividend payments without over-relying on Bitcoin sales.
Author bio: Christian Pierce, chief financial columnist and markets commentator.