Strategy boosts USD reserve with $748M stock sale, skips Bitcoin purchases
The company sold about 4.5 million common shares last week, lifting its cash reserves to $2.19 billion while pausing Bitcoin purchases.
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JPMorgan beat earnings expectations amid record market revenue, but a downbeat outlook for net interest income hurt the stock.
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The company sold about 4.5 million common shares last week, lifting its cash reserves to $2.19 billion while pausing Bitcoin purchases.
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