Michael Saylor Hits 100 Bitcoin Buys—And He’s Not Stopping Despite A $7 Billion Loss

Strategy (NASDAQ:MSTR) bought 592 Bitcoin (CRYPTO: BTC) for $39.8 million marking its 100th purchase announcement since August 2020, despite sitting on a $7 billion unrealized loss. The 100th Purchase Milestone Strategy sold 297,940 shares of common stock between February 17-22, generating $39.7 million in net proceeds.

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