Strategy Says Bitcoin Holdings Rose Sixfold Since January 2023 While Net Leverage Declined
JH Kim
Summary
- Strategy said its Bitcoin holdings have increased sixfold since January 2023.
- Strategy said its net leverage declined over the same period.
- Strategy said growth in its Bitcoin holdings and a decline in net leverage occurred at the same time.
Forecast Trend Report by Period
Strategy said its Bitcoin holdings have risen sixfold since January 2023, while net leverage has declined.
Cointelegraph reported on November 2 that the company made the disclosure while explaining its Bitcoin holdings and financial structure.
Strategy said its Bitcoin holdings expanded to six times the level recorded in January 2023.
Net leverage, meanwhile, declined over the same period. The company said it increased its Bitcoin holdings even as it reduced net leverage.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.