JAN3 CEO proposes $1.5B BTC OTC deal between Strategy and BSTR

JAN3 CEO Samson Mow has proposed that Strategy and Bitcoin Standard Treasury (BSTR) should immediately conduct a $1.5 billion over-the-counter (OTC) trade for Bitcoin. He explained that if BSTR pays Strategy $1.5 billion, Strategy's cash holdings would increase to $2.9 billion. In turn, BSTR would acquire an additional 25,000 BTC, raising its total from 30,021 BTC to 55,021 BTC and making it the second-largest corporate holder of the asset. Mow asserted that such a deal would be beneficial to both parties.