BITNEWS

Strategy (MSTR) Resumed Bitcoin Accumulation With A 4,603 BTC Purchase

MicroStrategy (NasdaqGS:MSTR) resumed Bitcoin purchases after a 10 week pause, acquiring more than 4,600 BTC and reaffirming its role as the largest publicly traded corporate Bitcoin holder. The company funded the latest purchase with newly issued shares, reflecting continued use of equity to support its Bitcoin centric capital allocation. Executive Chairman Michael Saylor reiterated support for MicroStrategy's Bitcoin focused approach, describing the move as part of the company's long term...

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Published by: yahoo

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