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Strategy Says Bitcoin Holdings Rose Sixfold Since January 2023 as Net Leverage Declined

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Summary

  • Strategy said its Bitcoin (BTC) holdings have increased sixfold since January 2023.
  • Strategy said, while outlining its Bitcoin holdings and financial structure, that its holdings had expanded to six times their January 2023 level.
  • Over the same period, net leverage declined, and the company said the increase in Bitcoin holdings and the reduction in net leverage happened at the same time.

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Photo: Shutterstock
Photo: Shutterstock

Strategy said its Bitcoin holdings have risen sixfold since January 2023, while net leverage has declined.

Cointelegraph reported on November 2 that the company made the disclosure while outlining its Bitcoin holdings and financial structure.

According to Strategy, its Bitcoin holdings expanded to six times their January 2023 level.

Over the same period, net leverage declined. The company said it increased its Bitcoin holdings while reducing net leverage at the same time.

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