Strategy Purchases $2.5 Billion Worth of Bitcoin, Third-Largest Acquisition in Company History
Strategy (NASDAQ: MSTR) has purchased $2.54 billion worth of Bitcoin, marking its third-largest acquisition to date. The company now holds 815,061 Bitcoin, with the purchase bringing its total holdings to approximately $61.56 billion. The acquisition was partially funded by stock sales, and the company is currently breakeven on its Bitcoin holdings as Bitcoin trades near $75,000.
Topics: Bitcoin Corporate Investment Cryptocurrency MSTR Stock Performance Strategy