HedgeCo.Net — Strategy Inc said in a Monday 8-K that it sold 18,261,118 shares of MSTR stock between August 17 and August 23 for $2,006.5 million of net proceeds, and that it has established “USD Cash,” a separately designated dollar pool for general bitcoin-treasury purposes. As of August 23, USD Cash stood at $1.59 billion and the existing USD Reserve at $5.10 billion, both including ATM proceeds not yet settled. Cryptonomist, writing from the same disclosure, independently put the raise at $2...
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