Strategy increases its cash reserves by $525 million, buys no Bitcoin

AI Summary Strategy Inc. (MSTR) raised its cash reserve by $525 million over the past week. The company filed Form 8-K on Monday, reporting it sold 5.4 million MSTR shares last week for $544.5 million. In that period, it also repurchased 288,930 shares of its STRC preferred stock for $25 million. Michael Saylor, the company’s executive chairman,... fulltext: 339 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/mstr-jumps-6-as-strategys-cash-reserve-grows/ Source: CryptoPolitan