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GUSD
3.8%
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Launch
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Strategy President and CEO Phong Le said that although the company recently sold more than $215 million worth of BTC, it still plans to remain a primary buyer of Bitcoin long term and “will not exit.” He said the company would only need to consider debt-related risks if BTC falls to around $8,000 to $10,000, and that its balance sheet is still relatively safe. Last week, Strategy raised about $467 million by issuing common stock, increasing its cash reserves to about $3 billion. (The Block)