Strategy added $35 million in bitcoin, $300 million in cash reserves last week

CoinDesk·

Strategy added $35 million in bitcoin, $300 million in cash reserves last week

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Strategy is bolstering its financial position by adding $35 million in bitcoin and $300 million in cash reserves last week, a move aimed at reassuring investors about dividend payments on its hard-hit preferred shares, STRC. This strategic boost is likely to stabilize investor confidence in the company's ability to meet its financial obligations.

The boost to cash reserves is meant to reassure investors about dividend payments on the company's hard-hit preferred shares, STRC.