Strategy Raises $2 Billion Selling MSTR Stock, Creates New USD Cash Pool
Strategy has raised $2.01 billion by selling MSTR stock, more than six times the amount it sold last week.
The funds were primarily allocated to USD Cash, a new pool established for general Bitcoin treasury purposes, which currently holds $1.59 billion.
This is in addition to Strategy's existing USD Reserve, valued at $5.10 billion, and used for covering preferred dividends and interest on debt.