TLDR Crypto · MARKETS & BUSINESS
BENCHMARK DEFENDS STRATEGY'S EQUITY SALES, EYES S&P 500 POTENTIAL
Summary from the TLDR Crypto newsletter
Benchmark has defended Strategy's decision to relax its equity issuance constraints, arguing the move was a rational correction to sustain Bitcoin accumulation. Strategy recently purchased another 4,048 BTC, funded through common and preferred stock sales, lifting its holdings to 636,505 BTC.