Strategy (MSTR) shares surged 12.15% on Wednesday as Bitcoin rebounded, briefly touching $106.90 before settling around $103.76. However, Michael Saylor warned shareholders to prepare for potentially difficult years, suggesting investors may need to think over a period as long as ten years. The company sold 1,690 BTC for $108.6 million between August 3 and 9 and raised $653.1 million from MSTR share sales, increasing its dollar reserve to $4.65 billion. With its portfolio of 840,447 BTC now worth roughly $57.4 billion, Strategy has spent a total of $63.36 billion to purchase Bitcoin.
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