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Home/News/Strategy Rebuilds Cash Reserve to $1.1 Billion, Adds 1,587 Bitcoin Despite $7.8B Unrealized Loss
Decrypt·6h ago·neutral

Strategy Rebuilds Cash Reserve to $1.1 Billion, Adds 1,587 Bitcoin Despite $7.8B Unrealized Loss

Strategy boosted its cash reserve to $1.1 billion and bought 1,587 Bitcoin for $100 million last week. The firm now holds 846,842 BTC worth $56.3 billion, though its stockpile is $7.8 billion below its average purchase price.

  • Strategy's USD Reserve grew to $1.1 billion after dipping to $871 million last month when it repurchased convertible debt
  • The firm bought 1,587 Bitcoin for $100 million, now holding 846,842 BTC total
  • Strategy's stockpile sits $7.8 billion underwater versus its average purchase price
  • Shares rose 7.2% to $132.66 as Bitcoin climbed above $66,500 on the US-Iran deal
marketImpact 6/10
Why our editor rated this neutral

Mixed signals: Strategy is rebuilding cash reserves and buying more BTC, which signals confidence, but its holdings remain deeply underwater and JPMorgan had flagged reserve concerns.

Read the full story at Decrypt

Coinporta summarises news for fast scanning. Full reporting belongs to the source.

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