Investment bank TD Cowen: Strategy cash reserves increased to $2.19 billion to enhance its operational sustainability during the ‘prolonged crypto winter’
BlockBeats news, December 23, according to The Block, Bitcoin treasury company Strategy announced on Monday that it has raised approximately $748 million through the sale of common stock, increasing its dollar cash reserves to $2.19 billion. TD Securities, a division of investment bank TD Cowen, noted that the expanded cash reserves are sufficient to cover … Read more
