CryptoBriefing and Yahoo Finance give different figures for the size of Strategy's new 'USD Cash' liquidity pool.
CryptoBriefing and Yahoo Finance give different figures for the size of Strategy's new 'USD Cash' liquidity pool.
What all sources agree on
- Strategy Inc. established a new cash pool called 'USD Cash' intended for treasury flexibility.
- The pool could be used for potential Bitcoin purchases, share repurchases, or debt repayments.
Where the reports disagree
1Size of the new USD cash pool
Michael Saylor’s firm, Strategy Inc., has successfully raised $2 billion through equity sales, with the funds directed towards a newly established USD cash pool, according to CoinDesk.
Michael Saylor's Strategy set aside about $1.6 billion in cash to fund future treasury operations, including potential bitcoin purchases and share buybacks, the company disclosed in a regulatory filing on Monday.
What would settle it: Strategy's SEC regulatory filing disclosing the cash pool
What to make of it
Treat the existence and purpose of the 'USD Cash' pool as established, but do not rely on either the $2 billion or $1.6 billion figure until Strategy's underlying SEC filing is checked directly.
Treat the existence and purpose of the 'USD Cash' pool as established, but do not rely on either the $2 billion or $1.6 billion figure until Strategy's underlying SEC filing is checked directly.
