Strategy new 'last resort' to sell Bitcoin could trigger on 15% dip - sets $1.4B cash reserve contingency

Strategy Inc., the corporate Bitcoin vault formerly known as MicroStrategy, has signaled that the mechanics driving its rapid growth have hit a cyclical wall. On Dec. 1, the Tysons Corner-based fir...

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Strategy new 'last resort' to sell Bitcoin could trigger on 15% dip - sets $1.4B cash reserve contingency

Source: CryptoSlate

Strategy Inc., the corporate Bitcoin vault formerly known as MicroStrategy, has signaled that the mechanics driving its rapid growth have hit a cyclical wall. On Dec. 1, the Tysons Corner-based firm revealed that it was prioritizing a $1.44 billion cash reserve and providing investors with detailed parameters for potential asset sales. This represents a pragmatic […]