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Crypto

Saylor's Strategy Swells Reserves by Half Billion

Guavy AI Editorial Team
Instruments
BTC
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Michael Saylor's Strategy has seen its reserves swell by $525 million, according to recent updates from KuCoin. This significant increase brings the company's total reserves to $3.75 billion in USD and 843,775 BTC.

The news also reveals that the company has repurchased 288,930 STRC preferred shares. Dividend coverage now stands at a substantial 2.1 years.

The Strategy's impressive growth is a testament to its robust financials and ability to adapt in the ever-changing cryptocurrency landscape.

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