MSTR buys 1,550 BTC, increases cash reserves to $1 billion
Strategy (MSTR) acquired 1,550 bitcoin for approximately $101 million, increasing its total holdings to 845,256 BTC, according to a Monday announcement from chairman Michael Saylor. The purchase comes after bitcoin fell about 15% last week, briefly trading below $60,000 before rising above $62,000. The drop in bitcoin price followed, at least in part, after Saylor […]
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