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Strategy Raises $2B Last Week Through Common Stock Sale | CoinDesk Daily
Published 3 weeks, 2 days ago
Description
Michael Saylor's war chest.
Strategy raised about $2 billion last week and created a new "USD Cash" pool, giving it $6.69 billion in dollar liquidity that can be used to buy more bitcoin, repurchase shares, or repay debt. The company left its 840,447 BTC untouched for a second straight week. CoinDesk's Uyen Truong hosts "CoinDesk Daily."
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This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at realfi.co.
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This episode was hosted by Uyen Truong. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.