1 day ago

Strategy Skips Bitcoin Buys as MSTR Faces Fresh Pressure

TLDR Strategy stock declined Monday as the company paused Bitcoin purchases during the previous week. Strategy repurchased 2,068,459 STRC preferred shares for $204.9 million using cash. The company maintained 848,517 BTC, acquired for $64.02 billion at an average of $75,446. Strategy reported $4.83 billion in dollar reserves and $242.4 million in additional cash. Bitcoin traded [...]

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