1 week ago

Strategy Eyes 1.5 million Bitcoin as Saylor Outlines Bold Accumulation Plan

TLDR: Strategy currently holds 720,000 BTC and targets 1.5 million, requiring roughly $55 billion in new capital raised The company uses preferred stock and convertible notes, meaning Bitcoin is not pledged for automatic liquidation triggers Strategy’s liquidity covers debt and dividends for up to 2.5 years, eliminating any need to sell Bitcoin during downturns. Owning [...]

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Source: Blockonomi →