The company sold about 4.5 million common shares last week, lifting its cash reserves to $2.19 billion while pausing Bitcoin purchases.
Related Posts
Bitcoin, stocks soar as markets respond to chance of US and Israel-Iran war ending
Bitcoin held gains above $68,000 as investors leaned into news that the US and Iran were ideating ways to end the war. Will markets hold their newfound bullishness?
Ether fights to hold $4.3K as corporate ETH treasury growth, DApp activity provide hope
Ether trades slightly above $4,300 as derivatives data reflect caution, but network growth and ETH treasury growth could change the trend.
When buying Bitcoin, don’t expect profit for at least 3 years: Data
Bitcoin’s price volatility tends to scare off buyers, but data shows investors who hold for at least three years have a higher chance of locking in significant returns.