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Strategy Discloses $52.5B Net Bitcoin Reserves Amid Buying Pause

Crypto Briefing Read original source (opens in a new tab)
The Story

News Summary

  • Strategy Inc.
  • holds 845,050 BTC worth $74 billion gross, or $52.5 billion net after subtracting preferred equity and convertible debt obligations.
  • The firm recently paused Bitcoin purchases to conduct preferred stock buybacks, backed by $6.7 billion in cash and USD reserves.
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