Samson Mow Says Strategy Should Execute OTC Deal With BSTR for $1.5 Billion

JAN3 CEO Samson Mow said in a post on X that Strategy should immediately execute an over-the-counter transaction with BSTR. According to Odaily, Mow said BSTR could pay Strategy $1.5 billion to help raise Strategy’s cash reserves to $2.9 billion. Mow added that BSTR could increase its Bitcoin holdings by 25,000 BTC on top of its existing 30,021 BTC, bringing its total to 55,021 BTC and moving it to second place in the ranking of Bitcoin treasury companies. Odaily said BSTR, short for Bitcoin Standard Treasury Company, was created by cryptographer and Blockstream co-founder Adam Back and is raising funds to continue increasing its BTC holdings.