Strategy's Reserve Capital Surpasses $66 Billion Amid Resumed Bitcoin Purchases
Strategy's reserve capital has reached $66 billion, making it the second-largest among S&P 500 financial companies after Berkshire Hathaway.
The company, led by Michael Saylor, has raised funds through stock and bond sales to purchase Bitcoin, which it now holds in large quantity.
Strategy recently resumed buying Bitcoin after a 10-week pause and acquired an additional $369.7 million worth of the cryptocurrency in the week ended August 30.