Strategy bought 810 bitcoin for $65.5 million at an average price of just under $81,000 after a week without purchases. Its holdings reached a record of 849,327 BTC. To finance the acquisition, the company sold 1.18 million MSTR shares, raising $164 million, and repurchased $208.2 million of STRC preferred shares. It now holds about $4.9 billion in US dollar assets, while longtime CFO Andrew Kang is set to leave his position on November 5.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice


