CoinDesk·3 min read·medium
No change in bitcoin holdings as Strategy boosted dollar reserve, bought back more STRC last week
J
James Van Straten
✦AI Summary
Strategy, a major corporate bitcoin holder, maintained its reserve of 840,447 BTC last week while allocating capital to preferred stock repurchases and U.S. dollar reserves. The company's USD reserve grew to $4.8 billion to support debt and dividend obligations.
The company did not buy or sell any bitcoin during the week ended Aug. 16, leaving its bitcoin reserve unchanged at 840,447 BTC. The holdings were acquired for $63.36 billion at an average price of $75,385 per bitcoin, including fees and expenses.
businesscryptoeconomy
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