Strategy Inc. Considers Bitcoin Sales to Strengthen Treasury Model
Strategy Inc., founded by Michael Saylor, has authorized the sale of up to $1.25 billion in Bitcoin as part of efforts to strengthen its capital structure and meet financial obligations amid pressure on its treasury model. The company also announced two buyback programs totaling $2 billion for common stock and Digital Credit Securities.
Tickers: $MSTR
Topics: Bitcoin capital structure stock buybacks treasury management