News list for "Cash and collateral"

Tom Lee, chairperson of BitMine, said recently that Strategy, the Bitcoin crypto-treasury (DAT) company, had made a "smart move" to build a $1.40 billion cash reserve. Despite Strategy's share price falling by more than 50% in the past six months, the cash reserve will allow the company to continue paying dividends to shareholders during the bitcoin price decline without having to sell its $61 billion worth of bitcoin holdings. Tom Lee pointed out that during the last bitcoin decline cycle, Stra...

2025-12-12 15:57:13