Strategy Says Bitcoin Net Holdings Are Worth $52 Billion After Debt, Preferred Claims
JH Kim
Summary
- Strategy said its Bitcoin net holdings reached $52 billion after accounting for debt and claims tied to preferred stock.
- Strategy’s Bitcoin net holdings, excluding debt and preferred stock-related claims, were calculated at $52 billion.
- Strategy has made Bitcoin a core treasury asset and expanded its holdings through fundraising in the capital markets.
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Strategy said its net Bitcoin holdings are worth $52 billion after accounting for debt and claims tied to preferred stock.
Cointelegraph reported on September 4 that Strategy’s net Bitcoin holdings were calculated at $52 billion after subtracting debt and preferred stock-related claims from its Bitcoin assets.
The figure represents the net value remaining after deducting the company’s financial obligations, rather than the total market value of the Bitcoin it holds.
Strategy has adopted Bitcoin as a core treasury asset and has expanded its holdings through fundraising in the capital markets.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.