Crypto

Strategy eyes more Bitcoin buys as Saylor touts $30B credit capacity

Summary

Strategy intends to increase its cryptocurrency holdings following statements about substantial potential digital credit capacity. The firm aims to build financial flexibility without needing fresh common-stock issuance or further market appreciation in the underlying asset.

Michael Saylor says Strategy could create up to $30 billion in digital credit without new common-stock fundraising or further Bitcoin price gains, as the company plans more BTC purchases.

Source: Read the full story at Cointelegraph.com News

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