5 days ago

Strategy Buys $1.28B in Bitcoin, Holdings Top 738,000 BTC

TLDR Strategy purchased 17,994 Bitcoin for $1.28 billion at an average price of $70,946 per coin. The company increased its total holdings to 738,731 BTC at a total cost of $56.04 billion. Strategy funded the acquisition through $900 million in common stock sales and $377 million in preferred stock sales. The latest purchase marked its [...]

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