Strike Builds $100 Million Bitcoin Treasury While Maintaining Profitability
cryptobusiness 1 posts · 1 accounts
Strike, a payments company led by Jack Mallers, told investors it remains profitable and has built a Bitcoin treasury worth more than $100 million.
The investor letter also highlighted a global business expansion, noting the balance-sheet additions were made while Bitcoin trades roughly 50% below its all-time high.
From the sources (1 posts)
@coindeskUPDATE: In a letter to Strike investors, Jack Mallers says the company has remained profitable, expanded globally, and built a bitcoin treasury worth more than $100 million despite bitcoin trading roughly 50% below its all-time high.