Strategy Pauses Bitcoin Buying as USD Reserve Rises to $2.55B

Strategy paused Bitcoin purchases for the week from June 22 to June 28 while its holdings stayed at 847,363 BTC. The company sold 12,669,017 MSTR shares for about $1.15 billion and used the proceeds to raise its USD reserve to $2.55 billion. Strategy also approved new reserve rules, two buyback programs, and a BTC Monetization Program that permits selling Bitcoin to raise up to $1.25 billion.
BTC-0.56%
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