Strategy raised $730M in 2 weeks and bought 0 Bitcoin – The market is asking why
Strategy raised $730M over two weeks via stock sales but bought no Bitcoin, instead adding $225M to cash reserves totaling $3.2B. STRC gained 2.12% but trades 15% below $100, limiting capital raising for BTC purchases. Investors question the break from Strategy's usual buy-BTC playbook, raising uncertainty around MSTR and STRC.
DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at Ambcrypto.
Entities in this story
Want the full article?
Continue reading on Ambcrypto →