Strategy’s $4.6 billion cash buffer gives it almost 3 years before Bitcoin sales create real stress
Strategy mentioned it held 840,447 BTC as of Aug. 9 and has begun treating its Bitcoin reserve as a supply of balance-sheet flexibility. Michael Saylor mentioned Strategy bought $108 million in Bitcoin and $653 million in MSTR shares to extend its greenback reserve by $650 million, and repurchased $109 million of STRC, its variable-rate most…
