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JAN3 CEO Samson Mow posted on X that Strategy should immediately execute an over-the-counter (OTC) trade with Bitcoin Standard Treasury Company (BSTR).
According to the proposal, BSTR would pay $1.5 billion to Strategy, helping the latter increase its cash reserves to $2.9 billion, while BSTR would add 25,000 BTC to its current holdings of 30,021 BTC, bringing the total to 55,021 BTC and ranking second among bitcoin treasury companies.