Saylor's Strategy Launches 'USD Cash' Pool After $2 Billion Raise, No BTC Buys

Saylor's Strategy Launches 'USD Cash' Pool After $2 Billion Raise, No BTC Buys Michael Saylor’s Strategy, the world’s largest public company holding Bitcoin, raised about $2 billion through common stock sales last week while making no new Bitcoin purchases. The Bitcoin treasury company sold 18.26 million MSTR shares between Aug. 17 and Aug. 23 through its at-the-market (ATM) offering program, according to a Monday filing with the SEC, adding a new pool of cash to its balance-sheet toolkit as part of an effort to preserve flexibility. Strategy repurchased about 1.43 million of its STRC...