Michael Saylor announced that MicroStrategy's cash reserves have increased to $4 billion, and by selling 1,638 Bitcoin, the company raised $105 million, extending the dividend coverage period to 2.3 years. (Bitcoin Archive)
MicroStrategy's cash reserves reach $4 billion; sells 1,638 BTC for $105 million
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Summary
BTC news today: MicroStrategy’s cash reserves reached $4 billion after selling 1,638 BTC for $105 million. CEO Michael Saylor stated that the move extends dividend coverage to 2.3 years. The BTC update shows the company continues to manage its Bitcoin holdings strategically.
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