Strategy pauses bitcoin buys, establishes $1B digital credit repurchase program as USD reserve tops $2.5B
AI Summary
Strategy has decided to halt its bitcoin purchases and instead initiated a $1 billion digital credit repurchase program while its USD reserves have surpassed $2.5 billion. Despite the pause in buying, its total bitcoin holdings remain substantial at 847,363 BTC, representing over 4% of the 21 million bitcoin cap and valued around $51 billion. This strategic shift underscores the company's cautious approach amid market volatility, likely to mitigate risks as bitcoin's value fluctuates.
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