Strategy just made a $2.54B Bitcoin purchase, pushing its holdings past BlackRock and tightening its grip on the BTC supply.
Strategy acquired 34.164 BTC in its latest purchase, the third largest in its history.
Strategy (MSTR) announced on Monday that it has acquired 34.16K Bitcoin (BTC-USD) for ~$2.54B at an average price of ~$74.4K per bitcoin (BTC-USD), according to its SEC Form 8-K filing. The purchase ...
Since the stock is basically a leveraged play on Bitcoin, it did very well on the cryptocurrency's rise.
Strategy purchased 13,927 BTC for approximately $1.0 billion, bringing total holdings to 780,897 BTC, funded entirely via STRC.
TD Cowen analysts have lowered their price target for Michael Saylor's Strategy shares, citing ongoing volatility and shareholder dilution. MicroStrategy (Nasdaq: MSTR), now rebranded as Strategy, has ...
Bitcoin accumulator Strategy Inc. registered a roughly $14.5 billion unrealized loss in the first quarter as the value of the ...
Here’s my advice on nailing the execution of your M&A strategy and keeping yourself from falling down the rabbit hole of ...