Strategy books $8.2 billion Q2 loss on bitcoin price decline

The world’s largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after investors questioned its growing stack of preferred securities. Strategy (MSTR), the world’s largest corporate bitcoin holder, reported Thursday an $8.2 billion second-quarter net loss after the cryptocurrency’s price decline erased […] The post Strategy books $8.2 billion Q2 loss on bitcoin price decline appeared first on Activist Post.

Source: https://www.activistpost.com/strategy-books-8-2-billion-q2-loss-on-bitcoin-price-decline/

Author: Editor