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Strategy boosts dollar reserve to $1.4 billion while adding 520 Bitcoin


Strategy boosts dollar reserve to $1.4 billion while adding 520 Bitcoin

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MicroStrategy (NASDAQ: MSTR) said it raised its USD reserve to $1.4 billion and bought 520 Bitcoin for $35 million during June 15–21, bringing its total BTC treasury to 847,363 coins. The acquisition underscores continued corporate crypto treasury accumulation and institutional adoption of Bitcoin, supporting funding momentum and likely positive price impact for the crypto market.

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On Monday, Bitcoin whale Strategy (NASDAQ: MSTR) announced that it raised its USD reserve to $1.4 billion and bought 520 Bitcoin for $35 million, bringing its total BTC reserve to 847,363 coins. The company’s update covers capital market activity from June 15 through June 21. Michael Saylor, the Bitcoin-loving executive chairman of Strategy, said: “Strategy...
Read the article at CryptoPolitan

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