
After seven weeks without purchases, the company is temporarily increasing its dollar reserves, which have already reached $4.75 billion. Since the beginning of the year, Strategy has acquired 175,000 BTC and sold about 7,000 BTC.
The company’s CEO also noted that the current bear cycle has lasted about eight months, which fits within historical patterns for BTC.
According to him, Strategy has no financial problems: the company holds around $5.5 billion in Bitcoin and has sufficient funds to pay dividends for approximately 2.7 years.
Continue reading this article on source: foxbusiness.com