Strategy CEO stabilizes $1.44B in cash holdings
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Strategy CEO's newly built $1.44 billion cash reserve is designed for safe investors considering the ability to withstand a sharp rally in Bitcoin.
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The method is a $1.44b cash collateral to relieve funds and the ability to meet debt obligations.
The company issued them in eight and a half days until now without selling any Bitcoin capital.
If the strategy is below, sell BTC.
Speaking on CNBC's Power Lunch, the company should be able to meet distribution and debt obligations and continue to meet debt obligations in two weeks if market conditions worsen.
– “We are too many” We are too many, the bikini ecosystem and the beacon ecosystem. “That's why we decided weeks ago to mobilize capital and withdraw capital to get this flow out.”
The strategy is to build a fund to sell Bitcoin in the market
The holding was announced on Monday and through the sale of shares, and the plan is to extend that buffer to 24 months.
The company has emphasized that it will provide the initial unit that the company will operate without having to sell any bricon when the market is available.
The stability of the spring has increased in recent weeks after the highs were destroyed.
The farmer's market rumor was acknowledged but dismissed as exaggerated. “We have the issue of paying dividends, and we could not enter to sell Bricon,” he said.
There was something passed there because we couldn't meet our shared obligations, which they hope will make people go out to short bitcoin bitcoin.
The CEO said that it is only 1.44 billion US dollars, showing the company to respond directly, the company can still attract capital in the lower part.
“Fitcoin brings the ability to bring together people who don't make money when there is pressure.”
Last week, L's strategy was to sell Bitcoin after the network value was cut below the correction and the company lost the ability to think of more money.
Strategy New “BCCBD.” It also introduced a dashboard, which the company says holds enough assets to cover service charges for more than 70 years.
The strategy supports the BTC reserve model with BTC head events
As reported, the strategy will replace the two long-term bid storage scenarios with the long-term treasury model approach with the growing dollar.
In the future in 2044 In November 2018, the market was in turmoil for a long time. In 2044 AD.
Although it is late, the company is from 650,000 AD. with 650,000 AD on the balance sheet.
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