Strategy Holds Bitcoin Position Flat for a Second Week, Sets Up a $1.59 Billion Cash Pool

Techub News, citing CoinPost, said Strategy did not buy or sell any Bitcoin in the week through Aug. 23, leaving its holdings unchanged at 840,447 BTC for a second straight week. The company also disclosed a new dollar funding pool called USDCash, which had a balance of $1.59 billion as of Aug. 23. Strategy said the pool can be used for potential Bitcoin purchases, debt interest payments and share buybacks. The update comes from the company’s latest disclosure covered by CoinPost.