2 hours ago
Strategy Stock Surges 15% Above $170 as Bitcoin Price Rebounds from April Lows
AnalysisStocksBitcoin corporate treasuryBitcoin reboundcrypto market recoveryMichael SaylorMicroStrategy BitcoinMSTR priceStrategy stockSTRK preferred stock
TLDR: Strategy stock surged nearly 15% to $170 as Bitcoin recovered from its April low of around $74,000. The company purchased 4,871 BTC in early April at $67,718 per coin despite extreme fear in the market. Strategy holds 780,897 BTC worth roughly $59B, making it the largest corporate Bitcoin holder globally. Preferred stock dividend obligations [...]
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