Strategy Eyes More Bitcoin Buys With $30B Credit Capacity
7 Articles
7 Articles
Strategy reports billions in profits for the third quarter. Michael Saylor sees up to 30 billion US dollars of leeway for further bitcoin purchases. Source: BTC-ECHO BTC-ECHO
Saylor’s $30B credit push prompts strategy to plan more Bitcoin buys
Strategy, the largest publicly known corporate Bitcoin holder, says it is exploring a new financing approach that could scale its Bitcoin accumulation without depending on additional common-stock sales or further upward moves in BTC’s price. Speaking on the company’s third-quarter earnings call, executive chairman Michael Saylor suggested Strategy could create up to $30 billion in [...]
₿ Strategy is planning new Bitcoin purchases; it announced it has funding capacity of up to $30 billion. 📈 Yesterday, $17.07 million was injected into $BTC ETFs; the inflow series extended to four days. Read More: New Bitcoin purchase preparation: Strategy's $30 billion message The article "New Bitcoin purchase preparation: Strategy's $30 billion message" first appeared on COINTURK.
Strategy evaluates financing new Bitcoin purchases through preferential shares. Michael Saylor, CEO of the company, estimates that it could generate up to $30 billion in digital credit; it is a potential capacity, not an announced fundraising target.
Strategy says it can create $30 billion in digital credit to buy more Bitcoin
🚨 Strategy says it is ready to create up to $30 billion in digital credit for more $BTC buys. 💡 The firm has already increased its Bitcoin holdings by 26% this year. 📊 Net income surged to $19.53 billion after gains in its digital asset portfolio. Continue Reading:Strategy says it can create $30 billion in digital credit to buy more Bitcoin
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