Strategy Builds Dollar Reserve Amid Unchanged Bitcoin Holdings

Strategy, the largest corporate holder of Bitcoin, has maintained its massive position in the cryptocurrency for two consecutive weeks. The company kept its holdings unchanged at 840,447 BTC.

In addition to maintaining its Bitcoin position, Strategy also built up its dollar liquidity by reporting $1.59 billion in a new reserve called 'USD Cash'. This reserve can be used for future Bitcoin purchases, interest payments on outstanding debt, and share repurchases.

The company generated $2.0065 billion through the sale of 18,261,118 shares of common stock between August 17 and August 23, with approximately $1.5701 billion allocated to the USD Cash reserve.