00:00It's Benzinga bringing Wall Street to Main Street.
00:02Strategy shares advanced Monday as Bitcoin climbed to a two-month high
00:06and the company increased its cash reserves, according to Benzinga.
00:10Strategy sold more than 2.7 million shares between July 13th and July 19th,
00:15generating $263.5 million in net proceeds. The company did not buy or sell Bitcoin,
00:21leaving its holdings unchanged at $843,175 Bitcoin acquired at an average price of $75,176
00:29per coin. Its dollar reserve rose to three plaus that earned $23 billion from $3 billion the prior
00:35week. Bitcoin briefly moved above $65,000 as U.S. spot. Bitcoin ETFs recorded two consecutive
00:41weeks of inflows. Strategy shares were up 2.93% at $97.63 on Monday and remained near their 52
00:48-week
00:48low, according to Benzinga Pro. For all things money, visit Benzinga.com.
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