PiCK
Michael Saylor "MicroStrategy expands cash equivalents to $2.19 billion… no additional purchases last week"
Minseung Kang
Summary
- Michael Saylor said MicroStrategy has further increased its dollar liquidity.
- MicroStrategy currently holds $2.19 billion in cash equivalents and 671,268 Bitcoins.
- BlockBeats reported that there were no additional Bitcoin purchases last week.
Michael Saylor, co-founder and chairman of MicroStrategy, said the company's dollar liquidity has been further expanded.
On the 22nd, Saylor said via X (formerly Twitter) "MicroStrategy increased its USD reserve by $748 million, and currently holds a total of $2.19 billion in cash equivalents and 671,268 Bitcoins."
Meanwhile, the crypto-focused media BlockBeats reported that "MicroStrategy did not additionally increase its Bitcoin holdings between the 15th and the 21st."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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