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00:02Strategy shares rose Tuesday after Canaccord Genuity raised its price target and the company
00:07disclosed a new $2 billion liquidity pool as Bitcoin extended its rebound, according to Benzinga.
00:14Canaccord maintained a buy rating and lifted its strategy price target from $130 to $175.
00:20Strategy raised $2 billion through stock sales between August 17th and August 23rd,
00:25including $1.59 billion allocated to a new USD cash pool that can be used for treasury purposes.
00:32The company now holds $669 billion in total dollar liquidity.
00:37Strategy made no Bitcoin trades during the week and continues to hold 840,
00:42147 Bitcoin acquired at an average price of $75 to $385.
00:48Shares were down by 1.09% at 125.45 in Wednesday's pre-market trading,
00:53according to Benzinga ProData.
00:55For all things money, visit Benzinga.com.
