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Michael Saylor's Strategy company has earmarked approximately $1.6 billion in cash for future funding operations and stock buybacks.
The company disclosed in a regulatory filing on Monday that the liquidity pool, named "USD Cash," will be used for potential Bitcoin purchases and stock buybacks, among other uses. Strategy, the world's largest corporate Bitcoin holder, will gain greater flexibility during the Bitcoin market downturn while continuing to execute its Bitcoin acquisition strategy.
Source：Yahoo财经 · Source Link
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