Saylor's Strategy Shores Up Capital Structure With More Bitcoin, Stock Sales

Saylor's Strategy Shores Up Capital Structure With More Bitcoin, Stock Sales Michael Saylor’s Strategy Inc. is plowing ahead with its pivot from relentlessly buying Bitcoin to focusing on shoring up its capital structure by raising its reserve via sales of the token and its own shares. The company that grew to prominence with its years-long Bitcoin-accumulation tactic on Monday announced that it had last week completed a roughly $105 million sale of the digital asset, offloaded ...

By Tyler Durden