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Strategy is building a new $1.6 billion cash pool that can be used to buy bitcoin

First covered 4 hrs ago · latest take 47 mins ago. Compare how each outlet is covering it — and rate the sources you trust.

Strategy is building a new $1.6 billion cash pool that can be used to buy bitcoin
Quartz
Quartz47 mins ago
Strategy is building a new $1.6 billion cash pool that can be used to buy bitcoin
The new USD Cash reserve gives the company flexibility to purchase bitcoin, repurchase securities, or meet other corporate needs
Channel NewsAsia
Channel NewsAsia🏁 first to report4 hrs ago
Strategy earmarks $1.6 billion cash pool for treasury operations, buybacks
Aug 24 : Michael Saylor's Strategy set aside about $1.6 billion in cash to fund future treasury operations, including potential bitcoin purchases and share buybacks, the company disclosed in a regulatory filing on Monday.The world's largest corporate buyer of bitcoin dubbed the liquidity pool "USD Cash," which will be