CoinDesk·3 min read·hard
Michael Saylor’s Strategy added $467 million in cash, made no changes to bitcoin holdings
J
James Van Straten
✦AI Summary
MicroStrategy reported adding $467 million in cash to its reserves while maintaining its current bitcoin holdings of 843,775 BTC. The company's stock price saw a pre-market decline as the broader cryptocurrency market faced downward pressure.
The company maintains the reserve to support dividend payments on its preferred stock and interest payments on its outstanding debt.
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