Samson Mow: Proposal for a $1.5 billion OTC trade between Strategy and BSTR
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Former Blockstream Chief Strategy Officer and JAN3 CEO Samson Mow has proposed an over-the-counter transaction between Strategy and Bitcoin Standard Treasury Company (BSTR) worth 1.5 billion USD, to exchange dollar reserves for Bitcoin holdings. This transaction would increase Strategy's dollar reserves to 2.9 billion USD and raise BSTR's Bitcoin holdings by 25,000, resulting in a total of 55,021 Bitcoins. BSTR was established by Blockstream founder Adam Back.
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