Strategy Pads Cash Reserves to $1.4B After STRC’s Stumble

In brief

• Strategy spent $35 million on Bitcoin while padding its USD reserve for a third straight week.
• Following STRC’s tumble to new lows last week, the company now has $1.4 billion in cash.
• The firm’s activity was outpaced by Strive, while its preferred stock rebounded from recent losses.