MSTR Stock Slips After Strategy’s $2.54B Bitcoin Buy

TLDR Strategy purchased 34,164 BTC for about $2.54 billion at an average price of $74,395 per coin. MSTR stock fell more than 2.5% in pre-market trading after the announcement. The company now holds 815,061 BTC acquired for about $61.56 billion. Strategy funded the purchase through preferred and common stock sales. Michael Saylor said the company [...]

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